Group 1 - The company, Giant Star Technology, announced on September 23 that it plans to provide a guarantee for its wholly-owned subsidiary, Prime-Line Products, LLC, to apply for trade financing credit from Citibank N.A. with a guarantee amount of $6 million [1] - The guarantee period will not exceed 12 months from the issuance of each standby letter of credit or financing guarantee, subject to the final contract signed with the bank [1] - The company's board of directors approved the proposal with a unanimous vote of 9 in favor, 0 against, and 0 abstentions during the 18th meeting of the 6th board on September 23, 2025 [1] Group 2 - As of the end of August 2025, the total external guarantee balance of the company and its subsidiaries was approximately RMB 270 million, accounting for 1.65% of the company's most recent audited net assets attributable to shareholders [1]
巨星科技:拟为全资孙公司提供600万美元担保