Runjian Co., Ltd. plans to add a guarantee limit of no more than 3 billion yuan in 2026.

Radar Finance | Written by Feng Xiuyu | Edited by Li Yihui

On March 9, Runjian Co., Ltd. (Stock Code: 002929, Stock Abbreviation: Runjian Co.) announced that the company held the 29th meeting of the fifth board of directors on March 9, 2026, during which it approved the proposal regarding the estimated additional credit guarantee limit for financing for its controlling subsidiaries in 2026. The company plans to provide a new guarantee limit of no more than RMB 3 billion or equivalent foreign currency for controlling subsidiaries with a debt-to-asset ratio of 70% or higher (inclusive), accounting for 48.64% of the company’s audited net assets as of 2024.

This estimated guarantee limit does not represent the actual guarantee amount; the actual guarantee amount will be based on the signed and executed guarantee contracts. The scope of guarantees includes, but is not limited to, comprehensive bank credit applications, loans, letters of guarantee, factoring, letter of credit issuance, bank acceptance bills, and financial leasing. Guarantee methods include, but are not limited to, joint liability guarantees, credit guarantees, and pledge (mortgage) guarantees.

This proposal is subject to approval by the company’s shareholders’ meeting. The new guarantee limit is valid for 12 months from the date of approval at the company’s first extraordinary shareholders’ meeting in 2026. The company’s board of directors requests shareholders’ authorization for management to adjust specific guarantee amounts among controlling subsidiaries within the approved guarantee limit. This guarantee matter does not involve related-party transactions or significant asset restructuring.

According to Tianyancha data, Runjian Co., Ltd. was established on January 3, 2003, with a registered capital of approximately RMB 220.746 million. The legal representative is Xu Wenjie. The registered address is Room 501, Building D7, Phase 1, China-ASEAN Technology Enterprise Incubation Base, No. 1 Headquarter Road, Xixiangtang District, Nanning City. The main business involves digital intelligent operation and maintenance, digital solution design, provision, and R&D.

Currently, the chairman of the company is Li Jianguo, the secretary of the board is Luo Jiantao, with 6,408 employees. The actual controllers are Li Jianguo and Jiang Libei.

The company has stakes in 105 subsidiaries, including Guangxi Yunshu Engineering Consulting Co., Ltd., Hainan Yuyao Data Technology Co., Ltd., Shaanxi Xuanji Industrial Automation Co., Ltd., Guangxi Chengben Planning and Design Consulting Co., Ltd., and Nanning Fuxi Clean Energy Co., Ltd.

In terms of performance, the company’s operating revenue for 2022, 2023, and 2024 was RMB 8.159 billion, RMB 8.826 billion, and RMB 9.199 billion, respectively, with year-over-year growth of 23.58%, 8.17%, and 4.23%. Net profit attributable to shareholders was RMB 424 million, RMB 439 million, and RMB 247 million, with year-over-year growth of 20.16%, 3.38%, and a decline of 43.77%. During the same period, the company’s asset-liability ratio was 64.96%, 59.76%, and 64.71%.

Regarding risks, Tianyancha data shows the company has 368 internal Tianyan risks, 217 surrounding risks, 362 historical risks, and 770 warning alerts.