---
title: "NHD provides a guarantee for a subsidiary's credit line of 250 million, with a cumulative guarantee exposure of 2.47 billion"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/261830981.md"
description: "NHD Technology Co., Ltd. provided a guarantee of 250 million yuan for its subsidiary Tibet Julong, bringing the cumulative guarantee exposure to 2.47 billion yuan. This guarantee increased the balance of guarantees for Tibet Julong from 910 million to 1.16 billion, with a remaining available quota of 300 million. The total balance of external guarantees by the company and its holding subsidiaries is 1.45 billion, accounting for 71.92% of the most recent audited net assets. The board of directors stated that the risks are controllable and do not harm the interests of shareholders"
datetime: "2025-10-20T08:06:20.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/261830981.md)
  - [en](https://longbridge.com/en/news/261830981.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/261830981.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/261830981.md) | [繁體中文](https://longbridge.com/zh-HK/news/261830981.md)


# NHD provides a guarantee for a subsidiary's credit line of 250 million, with a cumulative guarantee exposure of 2.47 billion

On October 17, 2025, Xinhua Du Technology Co., Ltd.'s subsidiary, Tibet Julong, signed a "Comprehensive Credit Agreement" with the Xiamen Branch of China Everbright Bank. Xinhua Du signed a "Maximum Guarantee Contract" for this, guaranteeing a maximum principal balance of 250 million yuan for the main debt. Previously, the company had repeatedly reviewed and approved additional guarantees for its subsidiaries, with a total cumulative guarantee exposure amounting to 2.47 billion yuan. Before this guarantee, the company's guarantee balance for Tibet Julong was 910 million yuan, which increased to 1.16 billion yuan after this guarantee, leaving a remaining available quota of 300 million yuan. As of the announcement date, the total external guarantee balance of the company and its holding subsidiaries was 1.45 billion yuan, accounting for 71.92% of the most recent audited net assets, all of which were guarantees for units within the consolidated financial statements, with no overdue guarantees. The board of directors stated that the risks are controllable and do not harm the interests of shareholders

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