Announcement on the progress of Zhongji United providing a guarantee for the 20 million credit line of its subsidiary

Zhitong
2025.09.24 08:17

On September 23, 2025, 3S Technology Co., Ltd. announced the progress of providing guarantees for its wholly-owned subsidiary, 3S Equipment Manufacturing Co., Ltd. 3S Equipment applied for a comprehensive credit line of 20 million yuan from the Beijing branch of China Merchants Bank, with a term of 1 year. The company has signed a "Maximum Amount Irrevocable Guarantee Letter" and provided joint liability guarantees. As of the announcement date, the actual guarantee balance provided by the company is 9.3055 million yuan, and the total external guarantees of the company and its holding subsidiaries amount to 26 million yuan, accounting for 10.05% of the audited net assets for the fiscal year 2024, with no overdue guarantees. This guarantee is used for various businesses, with controllable risks, and is beneficial for the subsidiary's operational development

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