CHEN LIN EDU provides guarantees to its subsidiary company for bank credit to be used by the Institute of Science and Technology
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CHEN LIN EDU announced that it has provided a guarantee of up to 300 million yuan to CITIC BANK Nanchang Branch, aimed at ensuring that its wholly-owned subsidiary, Jiangxi University of Applied Science and Technology, fulfills its obligations under the financing agreement. The board of directors believes that this move will provide favorable financing resources for the operations of the university and strengthen its cash flow management
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