---
title: "Meili High Technology: Plans to provide guarantees of no more than 85 million yuan for its subsidiary in Germany"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/252497815.md"
description: "On August 11, 2025, Zhejiang Meili High Technology Co., Ltd. held a relevant meeting to review and approve a proposal to provide a guarantee of no more than 85 million yuan for its wholly-owned subsidiary, Germany Meili. The guarantee method is diverse, with a validity period of 12 months and a revolving limit, and does not require the approval of a shareholders' meeting. Germany Meili was established in May 2024 and mainly engages in the spring business"
datetime: "2025-08-11T12:20:36.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/252497815.md)
  - [en](https://longbridge.com/en/news/252497815.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/252497815.md)
---

# Meili High Technology: Plans to provide guarantees of no more than 85 million yuan for its subsidiary in Germany

On August 11, 2025, Zhejiang Meili High Technology Co., Ltd. held a relevant meeting to review and approve a proposal to provide a guarantee of no more than 85 million yuan for its wholly-owned subsidiary, Germany Meili. The guarantee method is diverse, with a validity period of 12 months and a revolving limit, and does not require the approval of the shareholders' meeting. Germany Meili was established in May 2024, mainly engaged in the spring business

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