--- title: "HY TECH GROUP's subsidiary secures guarantee from controlling shareholder for 200 million financing lease business" type: "News" locale: "en" url: "https://longbridge.com/en/news/258045535.md" description: "HY TECH GROUP's wholly-owned subsidiary Huajia Color has reached a financing lease agreement of 200 million yuan with Tongda Leasing, with the controlling shareholder Fujian Electronic Information Group providing guarantees, and the annualized rate not exceeding 1.5%. This financing will enhance Huajia Color's financing capabilities without affecting equipment usage. From January to August 2025, the daily operating related transactions between Huajia Color and Fujian Electronic Information Group and its affiliates amounted to 113 million yuan" datetime: "2025-09-19T08:50:02.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/258045535.md) - [en](https://longbridge.com/en/news/258045535.md) - [zh-HK](https://longbridge.com/zh-HK/news/258045535.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/258045535.md) | [繁體中文](https://longbridge.com/zh-HK/news/258045535.md) # HY TECH GROUP's subsidiary secures guarantee from controlling shareholder for 200 million financing lease business HY TECH GROUP's wholly-owned subsidiary Huajia Color has launched a financing lease business worth 200 million yuan with Tongda Leasing for a period of three years. The controlling shareholder, Fujian Electronic Information Group, provides joint liability guarantee and charges a guarantee fee at an annual rate not exceeding 1.5%. Recently, Huajia Color has received the financing funds. Tongda Leasing has total assets of 38.395 billion yuan, while Fujian Electronic Information Group has total assets exceeding 70 billion yuan. This transaction does not affect Huajia Color's equipment usage and enhances the financing capability of the company and its subsidiaries. From January to August 2025, the company's daily operational related transactions with Fujian Electronic Information Group and its affiliates reached 113 million yuan ### Related Stocks - [HY TECH GROUP (000536.CN)](https://longbridge.com/en/quote/000536.CN.md) ## Related News & Research - ["Fasting and the Longevity Revolution," Narrated by Edward Norton, to Premiere at the Los Angeles, Italia Film Fashion and Art Fest](https://longbridge.com/en/news/278560665.md) - [Lite-On optimistic about next 2 years of business](https://longbridge.com/en/news/278420124.md) - [Trump: They have agreed to quadruple production of "exquisite class" weaponry](https://longbridge.com/en/news/278164233.md) - [Could this $2 stock turn you into a millionaire?](https://longbridge.com/en/news/278266327.md) - [Course unveiled for DC Freedom 250 IndyCar race](https://longbridge.com/en/news/278436921.md)