QiaoYin announced the progress of its application for a loan and guarantee of nearly 450 million from SPD Bank

Zhitong
2025.09.15 08:55

QiaoYin City Management Co., Ltd. announced the progress of applying for a comprehensive credit limit from SPD Bank Guangzhou Branch and handling accounts receivable pledge credit business. The company plans to apply for a working capital loan of no more than 450 million yuan, with a term of no more than 12 months. The holding subsidiary Shaoguan Qiaokai intends to provide a joint liability guarantee of no more than 450 million yuan, and the wholly-owned subsidiary Duyun Qiaoying plans to provide a pledge guarantee of no more than 665 million yuan in accounts receivable, with the controlling shareholder providing a gratuitous guarantee. After this guarantee, the subsidiary's guarantee balance for the company is 656 million yuan, with a remaining limit of 916 million yuan. As of the announcement date, the total external guarantee balance of the company and its holding subsidiaries is 1.926 billion yuan, accounting for 79.06% of the net assets in 2024, with no overdue or abnormal guarantee situations

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