---
title: "TONGRUN EQUIPMENT plans to sign a financial services agreement with Zhejiang Chint Financial Company, involving related party transactions"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/258821694.md"
description: "TONGRUN EQUIPMENT plans to sign a financial service agreement with Zhejiang Chint Financial Company, involving related transactions. The agreement needs to be reviewed by the shareholders' meeting, and both parties' actual controllers are Nan Cunhui. The agreement is valid from 2026 to 2028, with a comprehensive credit line and a maximum deposit balance not exceeding 500 million yuan. Zhejiang Chint Financial Company will provide financial services to TONGRUN EQUIPMENT and its subsidiaries, with service pricing following market principles. The company believes that the transaction risk is controllable and has developed a risk disposal plan aimed at strengthening capital management and improving utilization"
datetime: "2025-09-25T07:45:10.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/258821694.md)
  - [en](https://longbridge.com/en/news/258821694.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/258821694.md)
generator: "portal-rs"
---

# TONGRUN EQUIPMENT plans to sign a financial services agreement with Zhejiang Chint Financial Company, involving related party transactions

On September 25, 2025, TONGRUN EQUIPMENT held a board meeting to review and approve the proposal to sign a "Financial Service Agreement" with Zhejiang Chint Financial Company, which is a related party transaction, pending approval from the shareholders' meeting. The actual controllers of both parties are Nan Cunhui, establishing a related relationship. The agreement is valid from 2026 to 2028, with a total comprehensive credit and maximum deposit balance not exceeding 500 million yuan. Zhejiang Chint Financial Company will provide credit, deposits, fund settlement, and other financial services to TONGRUN EQUIPMENT and its subsidiaries, with service pricing following market principles. The company believes that the transaction risk is controllable and has developed a risk disposal plan. This transaction is beneficial for strengthening fund management, improving utilization, and promoting the integration of industry and finance. As of now, the company and its subsidiaries have a deposit balance of 0 yuan and a loan balance of 10.013 million yuan

### Related Stocks

- [002150.CN](https://longbridge.com/en/quote/002150.CN.md)

## Related News & Research

- [PRESS DIGEST-Financial Times - September 21](https://longbridge.com/en/news/299570837.md)
- [VNET Completes Strategic Investment, New Shareholder Group Takes 38.1% Stake](https://longbridge.com/en/news/299632633.md)
- [Trafigura launches Volare tanker arm, plans Oslo listing](https://longbridge.com/en/news/299599998.md)
- [BONESUPPORT Submits Full Data Package for CERAMENT V De Novo to FDA](https://longbridge.com/en/news/299600005.md)
- [US Fed, BoE step up scrutiny of bank exposure to trading firms after Jane Street loss, FT reports](https://longbridge.com/en/news/299589357.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**