Zhiguang Electric's guarantee balance within consolidated financial statements reaches 3.202 billion yuan

Radar Finance | Written by Feng Xiuyu | Edited by Li Yihui

On March 6, Zhiguang Electric (Stock Code: 002169) announced that the company and its subsidiaries have applied for comprehensive credit lines with banks and other financial institutions totaling no more than 5.9 billion yuan, and have provided joint liability guarantees with a total limit of no more than 5.8 billion yuan.

Recently, the company signed relevant guarantee agreements with Guangzhou Yuexiu Branch of Industrial and Commercial Bank of China, Guangzhou Tianhe Branch of Bank of China, and Guangzhou Branch of China Everbright Bank, providing guarantees of 69,700 yuan, 700 million yuan, 500 million yuan, and 3 million yuan respectively for its controlling subsidiaries and subsidiaries Guangzhou Huayue Electric Power Engineering Design Co., Ltd., Guangzhou Zhiguang Energy Storage Technology Co., Ltd., and Guangzhou Zhiguang Automation Co., Ltd.

As of February 28, 2026, the company’s and its controlling subsidiaries’ internal guarantee balance reached 3,202.1581 million yuan, accounting for 118.77% of the most recent audited net assets; external guarantee balance was 150.6725 million yuan, accounting for 5.59%. All guarantees are free of overdue payments or legal disputes.

According to Tianyancha, Zhiguang Electric was established on April 9, 1999, with a registered capital of 782.704094 million yuan. The legal representative is Li Yongxi, and the registered address is No. 51 Punan Road, Huangpu District, Guangzhou. Its main business involves the research, production, and sales of digital energy technology and products, as well as comprehensive energy technology research and services.

Currently, the company’s chairman is Li Yongxi, the secretary is Xiong Tan, with 2,073 employees, and the actual controller is Li Yongxi.

The company has 44 associated companies, including Nanxiong Zhihui New Energy Co., Ltd., Guangdong National New Energy Comprehensive Development Co., Ltd., Guangzhou Zhiguang Private Equity Investment Fund Management Co., Ltd., Guangzhou Zhiguang Energy Saving and Environmental Protection Co., Ltd., Guangzhou Zhiyun Energy Technology Co., Ltd., and others.

In terms of performance, the company’s operating revenue for 2022, 2023, and 2024 was 2.352 billion yuan, 2.734 billion yuan, and 2.596 billion yuan, respectively, with year-over-year growth of 24.50%, 16.25%, and -5.05%. Net profit attributable to the parent was 42.28 million yuan, -157 million yuan, and -326 million yuan, with year-over-year changes of -87.41%, -471.13%, and -108.05%. During the same period, the company’s asset-liability ratio was 46.75%, 60.20%, and 66.23%.

Regarding risks, Tianyancha data shows the company has 1,013 internal Tianyan risks, 351 surrounding risks, 657 historical risks, and 253 warning alerts.