Nanhua Futures(SH:603093) Zheng Quan Zhi Xing·2025-05-20 09:12Overview of Guarantee Situation - The company, Honghua International, provided a guarantee of 3 million USD for its wholly-owned subsidiary, Nanhua Singapore Pte. Ltd. [1][2] - After this guarantee, the total amount of guarantees provided by Honghua International reached 289 million CNY [1][2]. - The company has approved a total guarantee limit of 1.6 billion CNY for inter-company guarantees within its consolidated financial statements [2]. Basic Information of the Guaranteed Entity - Nanhua Singapore was established on November 24, 2016, with a registered capital of 12 million USD [3]. - As of December 31, 2024, Nanhua Singapore had total assets of approximately 3.25 billion HKD and total liabilities of approximately 3.02 billion HKD [3]. - For the first quarter of 2025, Nanhua Singapore reported revenue of approximately 249.89 million HKD and a net profit of approximately 163.88 million HKD [3]. Main Content of the Guarantee - The guarantor is Honghua International, with a guarantee amount of 3 million USD [4]. - The guarantee is a payment guarantee and remains effective until the debt is fully settled [5]. Necessity and Reasonableness of the Guarantee - The guarantee is intended to meet the operational needs of the subsidiary and ensure stable business development [5]. - The guaranteed entity has the ability to repay its debts, and the guarantee does not harm the interests of the company or its shareholders [5]. - The company can effectively control the operational risks and credit status of the guaranteed entity [5]. Cumulative External Guarantee Quantity - As of the announcement date, the total amount of guarantees provided by the company's subsidiaries is 289 million CNY, accounting for 7.01% of the company's latest audited net assets [5].