江山欧派: 江山欧派关于为全资子公司提供担保的进展暨解除担保的公告

Core Viewpoint - The company has provided guarantees for its wholly-owned subsidiaries to secure credit facilities from a bank, with specific amounts being added and released in the process [1][3][4]. Summary by Relevant Sections Guarantee Overview - The company has provided a total of RMB 64,830 million in guarantees, which represents 49.39% of the company's most recent audited net assets [10]. - The guarantees include new amounts of RMB 5,000 million for Jiangshan Huamujian Home Co., RMB 3,000 million for Jiangshan Oupai Wood Products Co., and RMB 5,000 million for Jiangshan Oupai Decoration Engineering Co. [1][3]. Details of Guarantees - The company has released guarantees of RMB 5,000 million for Jiangshan Huamujian Home Co., RMB 20,000 million for Jiangshan Oupai Wood Products Co., and RMB 5,000 million for Jiangshan Oupai Decoration Engineering Co. [3][4]. - The total guarantee balance for Jiangshan Huamujian Home Co. is RMB 14,730 million, for Jiangshan Oupai Wood Products Co. is RMB 41,800 million, and for Jiangshan Oupai Decoration Engineering Co. is RMB 11,300 million [4][5]. Internal Decision-Making Process - The board of directors approved the guarantee arrangements during meetings held on April 28, 2025, and May 21, 2025, allowing for a total guarantee amount not exceeding RMB 300,000 million for the subsidiaries [4][8][9]. Financial Health of Subsidiaries - Jiangshan Huamujian Home Co. has total assets of RMB 27,633.70 million and total liabilities of RMB 12,988.53 million, with a net asset value of RMB 14,645.17 million [5]. - Jiangshan Oupai Wood Products Co. has total assets of RMB 23,677.36 million and total liabilities of RMB 17,285.77 million, with a net asset value of RMB 6,391.58 million [5]. - Jiangshan Oupai Decoration Engineering Co. has total assets of RMB 19,407.80 million and total liabilities of RMB 18,631.61 million, with a net asset value of RMB 776.19 million [6]. Necessity and Reasonableness of Guarantees - The guarantees are deemed necessary for the subsidiaries' operational needs and are aligned with the company's overall development strategy, ensuring that the risks are manageable [7][9].