Shengtak New Material (SZ:300881) Mei Ri Jing Ji Xin Wen·2025-12-25 09:42Group 1 - The company Shengde Xintai announced a plan to apply for a credit limit of 5 million yuan from Shanghai Bank Changzhou Branch to meet its operational funding needs [1] - The guarantee for this credit application will be provided by its subsidiary Jiangsu Ruimei Automotive Parts Co., Ltd., with a guarantee period of three years [1] - After this guarantee, the total amount of guarantees provided by the company and its subsidiaries will be approximately 394 million yuan, accounting for 34.03% of the company's latest audited net assets [1] Group 2 - As of the latest report, Shengde Xintai's market capitalization is 3.9 billion yuan [2] - The revenue composition for Shengde Xintai in 2024 is projected to be 76.21% from steel pipes, 18.91% from automotive parts, and 4.88% from steel grating [1]