--- title: "QiaoYin adjusts the guarantee limit to provide guarantees for its subsidiary Zhaoqing QiaoYin's financing" type: "News" locale: "en" url: "https://longbridge.com/en/news/261382187.md" description: "QiaoYin City Management Co., Ltd. announced the adjustment of the guarantee limit to provide guarantees for its subsidiary, Zhaoqing QiaoYin Financing. The company intends to provide a credit limit of no more than 5 million yuan to Zhaoqing QiaoYin, with a term not exceeding 12 months. After the guarantee, the balance of guarantees for the subsidiary is 136.812 million yuan, with a remaining balance of 933.188 million yuan. The total balance of external guarantees for the company and its holding subsidiaries is 1,899.541 million yuan, with no overdue guarantee situations" datetime: "2025-10-16T07:51:07.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/261382187.md) - [en](https://longbridge.com/en/news/261382187.md) - [zh-HK](https://longbridge.com/zh-HK/news/261382187.md) --- # QiaoYin adjusts the guarantee limit to provide guarantees for its subsidiary Zhaoqing QiaoYin's financing QiaoYin City Management Co., Ltd. announced the adjustment of guarantee limits and guarantee progress. In 2025, the company plans to provide a guarantee limit of CNY 1.07 billion for its subsidiary. To meet the business needs of the subsidiary, it will transfer the unused guarantee limit of CNY 5 million from its wholly-owned subsidiary, Duyun Qiaoying, to Zhaoqing QiaoYin. Zhaoqing QiaoYin intends to apply for a credit limit of no more than CNY 5 million from Shanghai Pudong Development Bank, with a term of no more than 12 months, and QiaoYin Co., Ltd. will provide joint liability guarantees for it. After this guarantee, the company's guarantee balance for its subsidiaries will be CNY 136.812 million, with a remaining balance of CNY 933.188 million. As of the announcement date, the total external guarantee balance of the company and its holding subsidiaries is CNY 1.899541 billion, with no overdue guarantees or other situations ### Related Stocks - [002973.CN](https://longbridge.com/en/quote/002973.CN.md) ## Related News & Research - [Europe-China spacecraft launches to study Earth's 'invisible armour'](https://longbridge.com/en/news/286881963.md) - [DKV launches charging card for electric trucks](https://longbridge.com/en/news/287184232.md) - [ZAWYA: Ahlibank strengthens corporate and digital banking leadership with dual industry honours](https://longbridge.com/en/news/287154061.md) - [PetroTal Announces Availability of Annual General Meeting Materials | PTALF Stock News](https://longbridge.com/en/news/287013425.md) - [Singlife's heritage income plan locks payouts up to 150 years](https://longbridge.com/en/news/287151153.md)