HNHD(SZ:002163) Zheng Quan Zhi Xing·2025-06-09 12:25Group 1 - The company, Hainan Development, plans to provide a performance guarantee for its subsidiary, Shenzhen Sanxin Technology Development Co., Ltd.'s Macau branch, which has won a subcontracting project for the Galaxy 3D project [1][5] - The performance guarantee is necessary as the project owner requires a third-party guarantee from a company that has been established for over 20 years or is publicly listed [1][2] - The board of directors has approved this guarantee, which will be submitted for shareholder approval [1][5] Group 2 - Shenzhen Sanxin Technology's Macau branch has a total debt of 11.08 million yuan and a net asset of -2.56 million yuan, with a revenue of 80.57 million yuan and a net loss of 2.56 million yuan for 2024 [2] - The parent company, Shenzhen Sanxin Technology, has a total debt of 3.18 billion yuan and reported a revenue of 2.83 billion yuan for 2024 [2] - The performance guarantee will cover all obligations under the subcontract and will be a joint liability guarantee [3][4] Group 3 - The performance guarantee is intended to facilitate the settlement of the project and expand the market presence in Macau [1][5] - The company has provided a total of 0 billion yuan in guarantees to Sanxin Technology, with a total signed contract guarantee amount of 1.77 billion yuan, which is 165% of the company's latest audited net assets [5] - There are no overdue guarantees for the company or its subsidiaries [5]