According to the Western Test announcement, the company held a board of directors meeting on December 15, 2025 to review and pass a proposal for the company and its holding subsidiaries to apply for a comprehensive credit line not exceeding 1.5 billion yuan from the bank in 2026, which still needs to be reviewed by the shareholders' meeting. The credit period is 12 months from January 1, 2026, and the credit can be recycled. Li Zexin, the controlling shareholder and actual controller, intends to provide a joint and several liability guarantee for this credit, which is a free guarantee. This related transaction did not constitute a major asset restructuring. Both the independent directors and sponsors expressed no objection. Subject to the guarantee amount taking effect, the guarantee amount within the validity period of the previous year was terminated early.

Zhitongcaijing · 2d ago
According to the Western Test announcement, the company held a board of directors meeting on December 15, 2025 to review and pass a proposal for the company and its holding subsidiaries to apply for a comprehensive credit line not exceeding 1.5 billion yuan from the bank in 2026, which still needs to be reviewed by the shareholders' meeting. The credit period is 12 months from January 1, 2026, and the credit can be recycled. Li Zexin, the controlling shareholder and actual controller, intends to provide a joint and several liability guarantee for this credit, which is a free guarantee. This related transaction did not constitute a major asset restructuring. Both the independent directors and sponsors expressed no objection. Subject to the guarantee amount taking effect, the guarantee amount within the validity period of the previous year was terminated early.