--- title: "CDXJ guarantees a subsidiary loan of 48 million, with total external guarantees exceeding net assets" type: "News" locale: "en" url: "https://longbridge.com/en/news/259497780.md" description: "Shanghai CDXJ Data Technology Co., Ltd.'s wholly-owned subsidiary, Zhenjiang Xiangjiang Cloud Power Technology Co., Ltd., signed a bank loan guarantee contract worth 48 million yuan with Xiangjiang System Engineering Co., Ltd. This guarantee does not exceed the annual expected limit and does not require a counter-guarantee. The total amount of external guarantees provided by the company and its holding subsidiaries is 4,723,013.6 thousand yuan, accounting for 132.98% of the most recent audited net assets. The board of directors believes that the risk of this guarantee is controllable and will not harm the interests of the company and minority shareholders" datetime: "2025-09-30T10:02:41.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/259497780.md) - [en](https://longbridge.com/en/news/259497780.md) - [zh-HK](https://longbridge.com/zh-HK/news/259497780.md) generator: "portal-rs" --- # CDXJ guarantees a subsidiary loan of 48 million, with total external guarantees exceeding net assets Recently, Shanghai CDXJ Data Technology Co., Ltd.'s wholly-owned subsidiary, Zhenjiang Xiangjiang Cloud Power Technology Co., Ltd., signed a "Maximum Guarantee Contract" with Xiangjiang System Engineering Co., Ltd. for a bank loan of 48 million yuan from Agricultural Bank, with the guarantee method being joint liability guarantee. This guarantee does not exceed the annual expected limit and does not set up counter-guarantees. To meet the business needs of the subsidiary, the company has also adjusted the guarantee limit. As of the announcement date, the total external guarantees of the company and its holding subsidiaries amount to 4,723,013.6 thousand yuan, accounting for 132.98% of the most recent audited net assets, with no overdue guarantees. The board of directors believes that the risk of this guarantee is controllable and will not harm the interests of the company and minority shareholders ### Related Stocks - [603887.CN](https://longbridge.com/en/quote/603887.CN.md) ## Related News & Research - [Emira Property Fund holds annual general meeting](https://longbridge.com/en/news/297668535.md) - [LUVE: Sales up 10.5%, record backlog, €100M data center deal, and upgraded guidance](https://longbridge.com/en/news/298033087.md) - [DynaResource Mexico unit receives MXN 69.5 million IVA tax refund cash payment](https://longbridge.com/en/news/298059482.md) - [05:37 ETGan & Lee and Menarini Group Partner to Advance Bofanglutide in Europe](https://longbridge.com/en/news/297892423.md) - [Leave a Nest Capital president makes first appearance at TECH GARAGE Seminar in Malaysia](https://longbridge.com/en/news/297597370.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**