Company: YSXT
Filing Date: 2025-07-31
Form Type: 20-F
Source: 0001410578-25-001545
Chunk: 140

Company: YSX Tech Co., Ltd
Filing Date: 2025-07-31
Form: 20-F
Item: Item 5
Chunk 140
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 from Bank of China (“ BOC”) Yuexiu Branch, Xinjiang YSX signed a guarantee agreement with BOC to provide a maximum credit guarantee of RMB 10 million (approximately $1,378,037) that Tanbao Technology may borrow from BOC during the period from January 1, 2021 to December 31, 2029. Tanbao Technology started to draw funds under the line of credit during the year ended March 31, 2024, with a loan balance of RMB 9.82 million (approximately $1,353,232) as of March 31, 2025.

(2). In connection with the RMB 9.7 million (approximately $1,336,696) loan that third-party customer Zhuohang Information Technology Co., Ltd. (“ Zhuohang”) borrowed from Bank of China (“ BOC”) Yuexiu Branch, Xinjiang YSX signed a guarantee agreement with BOC to provide a maximum credit guarantee of RMB 10 million (approximately $1,378,037) that Zhuohang may borrow from BOC during the period from January 1, 2021 to December 31, 2029. Zhuohang started to draw funds under the line of credit during the year ended March 31, 2024, with a loan balance of RMB 9.7 million (approximately $1,336,696) as of March 31, 2025.

(3). As disclosed in Note 6 and Note 8, in connection with the RMB 10 million (approximately $1,378,037) loan that Mr. Jie Xiao, borrowed from GZ Rural Bank, Xinjiang YSX and its branch company, Guangzhou YSX, signed a guarantee agreement with GZ Rural Bank to provide a maximum credit guarantee of RMB 15 million (approximately $2,067,055) that Mr. Jie Xiao may borrow from GZ Rural Bank during the period from June 2, 2023 to June 2, 2026. The loan was fully repaid to GZ Rural Bank as of March 31, 2025 and, accordingly, such guarantee was dismissed.

As of March 31, 2025, the Company did not accrue any liability in connection with the foregoing guarantees because the above-mentioned borrowers have been current in their loan repayment obligation and the Company has not experienced any losses from providing such guarantees. As of the date of this annual