Company: YSXT
Filing Date: 2025-07-31
Form Type: 20-F
Source: 0001410578-25-001545
Chunk: 236

Company: YSX Tech Co., Ltd
Filing Date: 2025-07-31
Form: 20-F
Item: Item 19
Chunk 236
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, at an effective interest rate of7.50% per annum. A third party, Guangdong Youshanghui Fiancing Guarantee Co., Ltd., provided guarantee to a maximum loan of RMB10million (approximately $1.4million) that Xinjiang YSX may borrow from Sichuan WX Bank within one year. As of March 31, 2024, the outstanding loan payable to Sichuan XW Bank amounted to RMB0.81million (approximately $111,621), which was fully repaid on April 9, 2024. There was no such loan balance with XW Bank as of March 31, 2025.
(3)On October 25, 2024, YSX Network entered into a loan agreement with Bank of Communications to borrow RMB8million (approximately $1,102,429) as working capital forone year, with loan maturity date on October 25, 2025 and effective interest rate of3.20% per annum. There was no collateral and other loan covenant requirement on this loan.
(4)From December 9, 2024 to January 2, 2025, YSX Network entered multiple loan agreements with China Citic Bank to borrow an aggregate of loans of RMB10million (approximately $1,378,037) as working capital, with loan maturity date ranging between December 31, 2024 to January 2, 2026. The loans bear an effective interest rate of3.98% per annum. Related party, Mr. Jie Xiao provided guarantee to a maximum loan of RMB10million (approximately $1,378,037) that YSX Network may borrow from China Citic Bank during the period from December 6, 2024 to November 21, 2025. During the year ended March 31, 2025, YSX Network repaid RMB10,000(approxiamtely $1,378) to China Citic Bank in December 2024. As of March 31, 2025, the outstanding loan balance that YSX Network borrowed from China Citic Bank amounted to RMB10.0million (approximately $1,378,037).

F-23

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(b) Long-term loans:
As of March 31,
2025 2024
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Bank of China (“ BOC”) (5) $