---
title: "Shanghai YCT guarantees 9 million for its subsidiary, with an expected limit of 3 billion in 2025"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/259005550.md"
description: "Shanghai YCT Group Co., Ltd. announced that it expects to provide a guarantee limit of 3 billion yuan for its holding subsidiary in 2025. Recently, the company signed a \"Guarantee Contract\" with the Shanghai Branch of Xiamen International Bank to provide a credit debt guarantee of 9 million yuan for its wholly-owned subsidiary Shanghai Tanmu. The guarantee is within the limit reviewed by the shareholders' meeting, and the balance of bank credit business guarantees for the company and its subsidiaries is 598 million, accounting for 48.13% of the most recent audited net assets attributable to the parent company"
datetime: "2025-09-26T07:45:31.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/259005550.md)
  - [en](https://longbridge.com/en/news/259005550.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/259005550.md)
---

# Shanghai YCT guarantees 9 million for its subsidiary, with an expected limit of 3 billion in 2025

Shanghai YCT Group Co., Ltd. announced that it is expected to provide a guarantee limit of 3 billion yuan for its controlling subsidiary in 2025, including 2.5 billion for bank credit business and 500 million for business performance. Recently, the company signed a "Guarantee Contract" with Xiamen International Bank Shanghai Branch, undertaking joint guarantee responsibility for the 9 million yuan credit debt of its wholly-owned subsidiary Shanghai Tanmu, which is within the limit reviewed by the shareholders' meeting. Shanghai Tanmu's asset-liability ratio is below 70% for the year 2024. After the guarantee, the company has a guarantee balance of 162 million yuan for bank credit business with a liability ratio below 70%, and an available limit of 338 million yuan. As of the announcement date, the company and its subsidiaries have a guarantee balance of 598 million yuan for bank credit business, accounting for 48.13% of the most recent audited net assets attributable to the parent company, with no overdue or abnormal guarantee situations

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