DYMATIC CHEM provides a guarantee for a loan of 15 million for its holding subsidiary Tingjiang New Materials

Zhitong
2025.09.23 07:44

Guangdong DYMATIC CHEM Group announced that the estimated guarantee amount for its consolidated subsidiaries in 2025 will not exceed 783 million yuan. Recently, its holding subsidiary Sichuan Tingjiang New Materials Co., Ltd. applied for a 15 million yuan working capital loan from the Shifang branch of Bank of China. DYMATIC CHEM provided a joint liability guarantee for this loan, which does not require further review by the board of directors or shareholders' meeting within the approved guarantee limit. Tingjiang New Materials was established in 2010, and DYMATIC CHEM holds a 97.19% stake. As of now, the total guarantee amount for the listed company and its holding subsidiaries is 3.117 billion yuan, with a total external guarantee balance of 2.053 billion yuan, accounting for 83.76% of the net assets at the end of 2024, with no overdue guarantee situations

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