Jinxingnuo Provides Additional 10 Million Yuan Guarantee for Subsidiary

Radar Finance Text | Yang Yang Edited | Li Yihui

On March 16, Jinxinnuo (Stock Code: 300252) released an announcement regarding guarantee progress. The company held a board meeting on December 3, 2025, and an extraordinary shareholders’ meeting on December 19, 2025, to review and approve the 2026 guarantee quota proposal, providing a guarantee limit of no more than 1.68 billion yuan for its controlling subsidiaries (and subsidiaries), and a guarantee limit of no more than 1.5 billion yuan for the parent company to its subsidiaries.

In this announcement, the company provided a joint liability guarantee for its controlling subsidiary, Ganzhou Jinxinnuo Cable Technology Co., Ltd., applying for a 10 million yuan credit line from Ganzhou Bank Co., Ltd. Business Department. Ganzhou Cable is a wholly owned subsidiary of the company, with an asset-liability ratio of 83.59%. After this guarantee, the company’s guarantee balance is 134.78 million yuan, accounting for 6.17% of the company’s latest net assets.

As of the announcement date, the total approved guarantee limit for the company and its controlling subsidiaries is no more than 1.68 billion yuan, accounting for no more than 77.69% of the company’s latest audited net assets. The total guarantee balance provided by the company and its controlling subsidiaries is 1,222.83 million yuan, accounting for no more than 56.55% of the company’s latest audited net assets.

Tianyancha data shows that Jinxinnuo was established on April 2, 2002, with a registered capital of 662.153834 million yuan. The legal representative is Huang Changhua. The registered address is 1st Floor, Factory No. 1, 19th Floor, Baolong Community, Baolong Street, Longgang District, Shenzhen. Its main business involves the research, production, and sales of a full range of signal interconnection products based on “deep coverage” and “reliable connection.”

Currently, the company’s chairman is Huang Changhua, the secretary is Wu Jingping, with 3,204 employees, and the actual controller is Huang Changhua.

The company has 39 associated companies, including PC Specialties-China, LLC, Shenzhen Jinzinnuo Technology Co., Ltd., Jinxinnuo High-tech (Thailand) Co., Ltd., Ganzhou Jinxinnuo Cloud Services Co., Ltd., and Ganzhou Jinxinnuo Communication Technology Co., Ltd.

In terms of performance, the company’s operating income for 2022, 2023, and 2024 was 2.131 billion yuan, 1.998 billion yuan, and 2.137 billion yuan, respectively, with year-over-year changes of -22.04%, -6.25%, and 6.94%. The net profit attributable to the parent was -378 million yuan, -327 million yuan, and 12.5142 million yuan, with year-over-year growth rates of -911.22%, 13.57%, and 103.83%. During the same period, the company’s asset-liability ratios were 64.26%, 58.79%, and 54.71%.

Regarding risks, Tianyancha information shows that the company has 835 internal Tianyan risks, 539 surrounding risks, 108 historical risks, and 410 warning alert risks.