Jingwei Huikai: The actual guarantee balance provided by the company and its subsidiaries reaches 1.013 billion yuan

Lidar Finance | Text by Yang Yang | Edited by Li Yihui

On February 24, Jingwei Huikai (Stock Code: 300120) announced the progress of its guarantees. The company held a board meeting on January 13, 2026, and a temporary shareholders’ meeting on January 29, 2026, during which it approved the proposal for the company and its subsidiaries to apply for comprehensive credit lines and provide guarantees for 2026, with a total limit of no more than 1,995 million RMB.

Recently, the company signed a “Technology Enterprise Merger and Acquisition Loan Contract” with the Shenzhen Shangbu Branch of the Bank of China, applying for a loan of 340 million RMB, with an actual loan of 240 million RMB. Xinhuikai Technology (Shenzhen) Co., Ltd., Tianjin Jingwei Electric Power Technology Co., Ltd., and ZTE System Technology Co., Ltd. served as guarantors and signed a “Guarantee Contract” to provide joint liability guarantees.

As of the disclosure date, the actual guarantee balance provided by the company and its subsidiaries was 1,012.875 million RMB, accounting for 33.99% of the company’s most recent audited net assets. The company has no overdue guarantees or guarantees involved in litigation.

According to Tianyancha, Jingwei Huikai was established on March 1, 1999, with a registered capital of 574.393 million RMB. The legal representative is Chen Jianbo, and the registered address is No. 12 Wanggang Road, Shuanggang, Tianjin Jinnan Economic Development Zone (multiple addresses exist). Its main business involves the research, production, and sales of LCD display and touch display modules, as well as electromagnetic wire.

Currently, the company’s chairman is Chen Jianbo, the secretary of the board is Liu Dongmei, and it has 1,467 employees.

The company has 20 associated companies, including Tianjin Jingwei Electric Power Technology Co., Ltd., Jingwei Huikai (Shenzhen) Semiconductor Technology Co., Ltd., NVD (M) SDN BHD, Xinhuikai Technology (Jiangsu) Co., Ltd., and Hunan Jingwei Huikai Technology Co., Ltd.

In terms of performance, the company’s operating income for 2022, 2023, and 2024 was 2.70 billion, 3.434 billion, and 3.261 billion RMB, respectively, with year-over-year growth of -18.33%, 27.18%, and -5.03%. The net profit attributable to the parent was 36.7694 million, -289 million, and 21.4574 million RMB, with year-over-year growth of -15.10%, -886.80%, and 107.42%. During the same period, the company’s asset-liability ratio was 40.55%, 37.07%, and 34.04%.

Regarding risks, Tianyancha data shows the company has 161 internal Tianyan risks, 102 surrounding risks, 48 historical risks, and 166 early warning Tianyan risks.