---
title: "Jiecang Linear Motion Technology provides a guarantee of 72 million yuan for its wholly-owned subsidiary"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/259277079.md"
description: "Zhejiang Jiecang Linear Motion Technology Co., Ltd. provided a guarantee of 72 million yuan for its wholly-owned subsidiary J - STARMOTION PTE. LTD., and the guarantee agreement was signed on September 28, 2025. This guarantee is within the authorization scope of the 2024 annual general meeting of shareholders and does not require further review. The total amount of guarantees approved by the company and its subsidiaries is 1.2 billion yuan, accounting for 27.76% of net assets; the total amount of guarantees that have been signed and are still being performed is 643 million yuan, all of which are guarantees for wholly-owned subsidiaries, and the overall risk is controllable"
datetime: "2025-09-29T07:58:50.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/259277079.md)
  - [en](https://longbridge.com/en/news/259277079.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/259277079.md)
---

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

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

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