--- title: "PNC provides guarantees for its subsidiaries, with a cumulative guarantee amount within the limit" type: "News" locale: "en" url: "https://longbridge.com/en/news/255915313.md" description: "PNC announced that it would provide guarantees for its wholly-owned and controlling subsidiaries, specifically providing guarantees of 350 million, 20 million, and 48 million yuan for System Integration, BoHui Technology, and Zhuhai Zhiwei, respectively, with the total guarantee balance within the limit approved by the shareholders' meeting. The company's total external guarantee amount is 2.995 billion yuan, accounting for 62% of the audited net assets attributable to the parent company for the year 2024. Investors should be aware of the risks associated with System Integration's asset-liability ratio exceeding 70%" datetime: "2025-09-04T08:52:58.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/255915313.md) - [en](https://longbridge.com/en/news/255915313.md) - [zh-HK](https://longbridge.com/zh-HK/news/255915313.md) generator: "portal-rs" --- # PNC provides guarantees for its subsidiaries, with a cumulative guarantee amount within the limit Shanghai PNC Technology Co., Ltd. announced that it will provide guarantees for its wholly-owned and holding subsidiaries System Integration, BoHui Technology, and Zhuhai Zhiwei. This time, guarantees of 350 million, 20 million, and 48 million yuan will be provided for System Integration, BoHui Technology, and Zhuhai Zhiwei respectively. As of the announcement date, the cumulative guarantee balances are 647 million, 63 million, and 0 million yuan, all within the limits approved by the shareholders' meeting. By the end of 2024, the asset-liability ratio of System Integration will exceed 70%, and investors should pay attention to the risks. As of the announcement date, the total amount of actual external guarantees provided by the company is 2.995 billion yuan, accounting for 62% of the audited net assets attributable to the parent company for the year 2024, with no overdue guarantee situations ### Related Stocks - [603690.CN](https://longbridge.com/en/quote/603690.CN.md) ## Related News & Research - [FCA bans wealth manager trio behind £35.5m investor visa scam](https://longbridge.com/en/news/297037200.md) - [Hangcha Group: Revenue and profit rose over 8% year-over-year, with robust growth in new energy and global markets](https://longbridge.com/en/news/296900819.md) - [US FAA says antenna relocated after Marine One safety incident](https://longbridge.com/en/news/296946065.md) - [BeOne says FDA approves Tevimbra-based first-line regimen for HER2+ gastroesophageal cancer](https://longbridge.com/en/news/296930925.md) - [China’s CXMT hits a DRAM production ceiling as global memory prices keep climbing](https://longbridge.com/en/news/296858852.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**