Jiangxi Rimag Group and Shanghai Ronggongshe Provide RMB50 Million Joint Guarantee for XW Bank Credit Facility

Reuters12-15

Jiangxi Rimag Group and Shanghai Ronggongshe Provide RMB50 Million Joint Guarantee for XW Bank Credit Facility

Jiangxi Rimag Group Co. Ltd. announced that it has entered into maximum guarantee agreements with Shanghai Ronggongshe and XW Bank. Under these agreements, Jiangxi Rimag Group and Shanghai Ronggongshe will provide a joint and several liability guarantee for a credit facility of up to RMB50 million to be granted by XW Bank to Rimag Yuntai and Wuhan Ronggongshe. The guarantee period will extend for three years from the expiry date of the performance obligations under the credit facility. This connected transaction is subject to reporting and announcement requirements in accordance with Hong Kong Stock Exchange Listing Rules but is exempt from circular and independent shareholders' approval.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jiangxi Rimag Group Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251215-11956221), on December 15, 2025, and is solely responsible for the information contained therein.

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Ltd. announced that it has entered into maximum guarantee agreements with Shanghai Ronggongshe and XW Bank. Under these agreements, Jiangxi Rimag Group and Shanghai Ronggongshe will provide a joint and several liability guarantee for a credit facility of up to RMB50 million to be granted by XW Bank to Rimag Yuntai and Wuhan Ronggongshe. The guarantee period will extend for three years from the expiry date of the performance obligations under the credit facility. This connected transaction is subject to reporting and announcement requirements in accordance with Hong Kong Stock Exchange Listing Rules but is exempt from circular and independent shareholders' approval.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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This connected transaction is subject to reporting and announcement requirements in accordance with Hong Kong Stock Exchange Listing Rules but is exempt from circular and independent shareholders' approval.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jiangxi Rimag Group Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. 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