aisidi(SZ:002416) Sou Hu Cai Jing·2025-08-05 15:16Core Viewpoint - The company has approved a financing guarantee of up to RMB 1.5 billion for its wholly-owned subsidiary, Aishide (Hong Kong) Limited, which is subject to shareholder approval [1][3]. Group 1: Financing Guarantee Details - The financing guarantee for Aishide (Hong Kong) Limited will not exceed RMB 1.5 billion, which includes both existing and new business [1]. - Aishide (Hong Kong) Limited has a debt-to-asset ratio of 45.97% and currently has a guarantee balance of 0 [1]. - The new guarantee amount represents 24.52% of the company's latest audited net assets [1]. Group 2: Financial Performance of Aishide (Hong Kong) - As of December 31, 2024, Aishide (Hong Kong) reported total assets of RMB 477.98 million, total liabilities of RMB 364.87 million, and net assets of RMB 113.11 million [2]. - For the first quarter of 2025, Aishide (Hong Kong) achieved total revenue of RMB 6.38 million and a net profit of RMB 1.89 million [2]. Group 3: Rationale and Risk Management - The guarantee is deemed necessary for the normal operation of the company and its subsidiaries, driven by increased working capital needs [3]. - Aishide (Hong Kong) is operating normally and has the ability to repay its debts, with the financing intended for daily operations [3]. - The total expected guarantee amount for the company and its subsidiaries is RMB 14.3165 billion, including the new guarantee of RMB 1.5 billion, with a total external guarantee balance of RMB 1.755 billion, which is 28.69% of the latest audited net assets [3].