---
title: "Simei Media provides a guarantee of 20 million yuan for its subsidiary, with overall risks being controllable"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/259030573.md"
description: "Simei Media announced that it will provide a guarantee of 20 million yuan for its subsidiaries, with overall risk being controllable. The company signed guarantee contracts with Bank of Nanjing and Chengdu Bank to provide 10 million yuan in loan guarantees for Chuangshi Lingrui and Bafang Tengtai, respectively. The current guarantee balance is 10 million yuan for Chuangshi Lingrui and 165 million yuan for Bafang Tengtai, both within the guarantee limit. The company stated that the guarantee aims to support the development of its subsidiaries and that there are no overdue or abnormal situations"
datetime: "2025-09-26T10:01:37.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/259030573.md)
  - [en](https://longbridge.com/en/news/259030573.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/259030573.md)
generator: "portal-rs"
---

# Simei Media provides a guarantee of 20 million yuan for its subsidiary, with overall risks being controllable

Simei Media announced the progress of guarantees for its subsidiaries. The company had previously passed a proposal to provide joint liability guarantees for its subsidiaries. This time, the company signed guarantee contracts with the Hangzhou branch of Bank of Nanjing and the Wuhou branch of Chengdu Bank, respectively providing guarantees for loans of 10 million yuan for Chuangshi Lingrui and Bafang Tengtai, both within the guarantee limit. As of the announcement date, the guarantee balance for Chuangshi Lingrui is 10 million yuan, with a remaining available limit of 60 million yuan; for Bafang Tengtai, the guarantee balance is 16.5 million yuan, with a remaining available limit of 33.5 million yuan. The company stated that the guarantees are to meet the operational development needs of its subsidiaries, with controllable risks. Currently, the total external guarantee balance of the company and its holding subsidiaries is 196.7358 million yuan, accounting for 14.28% of the audited net assets attributable to the parent for 2024, with no overdue or abnormal guarantee situations

### Related Stocks

- [002712.CN](https://longbridge.com/en/quote/002712.CN.md)

## Related News & Research

- [The Treasury's bond-market intervention isn't working. So what comes next?](https://longbridge.com/en/news/296702361.md)
- [Cattle Look to Thursday Trade as Beef Pushes Back Above $390](https://longbridge.com/en/news/296492701.md)
- [Cattle Pulling off Early Lows, but Still Weaker as Tariff Quotas Lifted](https://longbridge.com/en/news/296641348.md)
- [The bond market is going to burst the stock-market bubble](https://longbridge.com/en/news/296527962.md)
- [The Memory Squeeze Refuses To Die](https://longbridge.com/en/news/296637198.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**