longbridgelongbridge
  • Platform Features
    Features
    Investment ProductsPrivate Wealth ManagementTrading ToolsMarket Data ServicesAnalysis ToolsNews ServicesFor Developers
    Account Types
    For IndividualsFor Institutions
  • Café
longbridge
© 2026 Longbridge|Terms of ServicePrivacy Policy

Jiecang Linear Motion Technology provides a guarantee of 72 million yuan for its wholly-owned subsidiary

Zhitong
Sep 29, 2025 at 07:58 AM

On September 28, 2025, Zhejiang Jiecang Linear Motion Technology Co., Ltd. signed an agreement with the Shaoxing Shengzhou Branch of China Merchants Bank to provide a joint liability guarantee of 72 million yuan for its wholly-owned subsidiary J - STARMOTION PTE. LTD., without any counter-guarantee. This guarantee is within the authorization scope of the company's 2024 annual general meeting of shareholders and does not require further review. As of the announcement date, the total amount of guarantees approved by the company and its subsidiaries is 1.2 billion yuan, accounting for 27.76% of the latest audited net assets attributable to the shareholders of the listed company; the total amount of guarantees signed and still in effect is 643 million yuan, accounting for 14.88%, all of which are guarantees for wholly-owned subsidiaries within the consolidated financial statements, with no overdue guarantees. This guarantee is to meet the daily operational needs of the subsidiary, and the overall risk is controllable

Source: Zhitong The copyright of this article belongs to the original author/organization.

The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.

Jiecang Linear Motion Technology

Jiecang Linear Motion Technology

603583.SH

Open

--

High

--

Low

--

Prev Close

--

P/ETTM

--

Market Cap

--

LongbridgeAI