---
title: "Hanvon Technology provides joint liability guarantee for the 10 million yuan letter of credit of its subsidiary"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/257724169.md"
description: "Hanvon Technology provides a joint liability guarantee of 10 million yuan for its wholly-owned subsidiary Hanvon Guocui. The guarantee is based on the deliberation and decision of the company's board of directors and shareholders' meeting, aimed at supporting the subsidiary's new comprehensive credit line not exceeding 300 million yuan. Hanvon Guocui's debt-to-asset ratio is 123.46%, and its net profit for the first half of the year is 36.5941 million yuan. Hanvon Technology currently has a guarantee balance of 33.0258 million yuan for subsidiaries with a debt-to-asset ratio below 70%, and a guarantee balance of 64.9223 million yuan for subsidiaries with a debt-to-asset ratio above 70%, totaling 97.9481 million yuan, accounting for 8.59% of the most recent audited net assets"
datetime: "2025-09-17T11:54:44.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/257724169.md)
  - [en](https://longbridge.com/en/news/257724169.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/257724169.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/257724169.md) | [繁體中文](https://longbridge.com/zh-HK/news/257724169.md)


# Hanvon Technology provides joint liability guarantee for the 10 million yuan letter of credit of its subsidiary

On March 27 and May 21, 2025, Hanvon Technology was reviewed and approved by the board of directors and the shareholders' meeting, proposing to provide a comprehensive credit guarantee of no more than 300 million for its subsidiaries. Recently, its wholly-owned subsidiary Hanvon Guocui opened a domestic letter of credit of 10 million yuan at the Beijing branch of China Merchants Bank, for which Hanvon Technology provided joint liability guarantees. As of June 30, 2025, Hanvon Guocui's asset-liability ratio was 123.46%, with a net profit of 36.5941 million yuan in the first half of the year. Currently, Hanvon Technology has a guarantee balance of 33.0258 million yuan for subsidiaries with an asset-liability ratio below 70%, and after an additional 10 million yuan for subsidiaries above 70%, the guarantee balance is 64.9223 million yuan, totaling 97.9481 million yuan, accounting for 8.59% of the most recent audited net assets, with no overdue or litigated guarantees

### Related Stocks

- [Hanvon (002362.CN)](https://longbridge.com/en/quote/002362.CN.md)

## Related News & Research

- [Indonesia's Chandra Asri declares force majeure as Middle East conflict disrupts supplies](https://longbridge.com/en/news/277604922.md)
- ['Wonder Woman' star Gal Gadot lists her elegant beachfront penthouse in Malibu for $8.75 million](https://longbridge.com/en/news/277443260.md)
- [Lattice Semiconductor Insider Move Sparks Fresh Investor Buzz](https://longbridge.com/en/news/277560894.md)
- [UK working with airlines to boost Oman evacuations](https://longbridge.com/en/news/277620489.md)
- [05:00 ETXinhua Silk Road: Dehua presenta tres exhibiciones en Ginebra](https://longbridge.com/en/news/277348858.md)