JJE provides a guarantee of 20 million yuan for its Heze subsidiary

Zhitong
2025.09.26 08:14

JJE Technology Co., Ltd. announced that in order to meet the funding needs for the business development of its subsidiary, its wholly-owned subsidiary JJE Technology Co., Ltd. intends to apply for a working capital loan of no more than 20 million yuan from the Jinan Branch of CITIC Bank. The company will provide joint liability guarantee for this loan. As of the announcement date, the actual guarantee balance provided is 121.9513 million yuan, and the total external guarantee amount of the listed company and its controlling subsidiaries is 141.9513 million yuan, accounting for 24.49% of the most recent audited net assets. This guarantee is within the approved limit and does not require further review procedures. The guaranteed party has a debt-to-asset ratio of 75.09%, and the company stated that it has 100% control over it, making the guarantee risk controllable and in line with the overall interests of shareholders. Currently, the company has no overdue guarantees or guarantees involved in litigation

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