INFOTMIC provides a guarantee limit of 10 million for its holding subsidiary Huaxin Technology

Zhitong
2025.09.18 13:15

In September 2025, INFOTMIC announced that it would provide guarantees for its holding subsidiary, Shenzhen Huaxin Technology Co., Ltd. Huaxin Technology signed a "General Credit Financing Contract" with Industrial and Commercial Bank of China, obtaining a total credit of 10 million yuan. INFOTMIC signed a "Maximum Guarantee Contract" with it to provide joint liability guarantees. The company had previously approved a guarantee limit of no more than 500 million yuan for Huaxin Technology, and this guarantee does not require further review as it is within the limit. Huaxin Technology's asset-liability ratio is 71.28%, and its recent operating conditions are stable. As of the announcement date, the total guarantee balance of the company and its holding subsidiaries is 313.2714 million yuan, accounting for 662.06% of the most recent audited net assets, with no overdue guarantees and no guarantees for entities outside the consolidated financial statements