Core Viewpoint - The company Aishide has approved a guarantee for its subsidiary, Shenzhen Shifeng Technology Co., Ltd., to apply for a credit sales limit of 2 billion RMB from Samsung (China) Investment Co., Ltd., which will be submitted for shareholder approval [1][2]. Group 1: Company Overview - Shenzhen Shifeng Technology Co., Ltd. was established on October 12, 2019, with a registered capital of 10 million RMB, and operates in various fields including computer information technology, electronic product sales, after-sales service, and investment consulting [1]. - Aishide holds a 61% stake in Shifeng Technology, which has shown significant growth in assets, with total assets increasing from 520.84 million RMB at the end of 2024 to 946.27 million RMB by March 31, 2025 [1]. Group 2: Financial Metrics - As of December 31, 2024, Shifeng Technology had total liabilities of 380.75 million RMB and net assets of 140.09 million RMB, while by March 31, 2025, liabilities rose to 788.76 million RMB, with net assets increasing to 157.51 million RMB [1]. - The latest asset-liability ratio for Shifeng Technology reached 83.35% [1]. Group 3: Guarantee Details - The guarantee provided by Aishide is a joint liability guarantee, with a limit not exceeding 2 billion RMB, covering the debts and related interests of Shifeng Technology under the procurement contract with Samsung [2]. - As of the announcement date, the total expected guarantee amount for Aishide and its subsidiaries is 14.3165 billion RMB, including the current guarantee, which represents 28.69% of the company's latest audited net assets [2].
爱施德为控股子公司20亿赊销额度提供担保