HXCX(SZ:300300) Zheng Quan Zhi Xing·2025-05-29 11:07Summary of Key Points Core Viewpoint - The company, Haixia Innovation Internet Co., Ltd., is seeking approval for a related party guarantee and counter-guarantee transaction involving its wholly-owned subsidiary, Fujian Haixia Innovation Medical Technology Co., Ltd., to secure a loan of up to RMB 8 million from Industrial Bank Co., Ltd. Fuzhou Branch [1][2]. Group 1: Guarantee Situation Overview - The total amount of guarantees provided by the company and its subsidiaries has exceeded 100% of the latest audited net assets [1]. - The related party, Ping Tan Comprehensive Experimental Zone Xinping Financing Guarantee Co., Ltd., will provide a joint liability guarantee for the loan [1][2]. - The company will provide counter-guarantees and collateral for the loan, including seven commercial properties [5][8]. Group 2: Related Party Information - The chairman of the company, Yao Qingxi, has served as the chairman and general manager of Xinping Financing in the past 12 months, establishing a related party relationship [2][4]. - Xinping Financing is wholly owned by Ping Tan Comprehensive Experimental Zone Financial Holding Group Co., Ltd., which also controls the company [4][10]. Group 3: Financial Data - As of March 31, 2025, the company's total assets were RMB 256.75 million, with total liabilities of RMB 258.83 million, resulting in a net asset of -RMB 2.08 million [4]. - For the first quarter of 2025, the company reported an operating income of RMB 8.21 million, with a net loss of RMB 0.36 million [4]. Group 4: Transaction Details - The guarantee fee for the loan will be 2% per year of the loan balance, and the company will provide a counter-guarantee and collateral [5][10]. - The collateral includes commercial properties with a total building area of 377.57 square meters and land use area of 104.10 square meters [5][8]. Group 5: Board Opinions - The board believes that the transaction is necessary for the subsidiary's operational funding and aligns with the company's development needs, posing controllable risks [10][11]. - The board recommends that the shareholders authorize the management to handle the specific operational matters related to this transaction [10].