Shang Hai Zheng Quan Bao·2025-11-25 18:21Group 1 - The company held its 26th meeting of the 8th Board of Directors on November 25, 2025, where several resolutions were passed unanimously [1][2][3] - The company approved the absorption merger of its wholly-owned subsidiary, Anhui Hupo Property Service Co., Ltd., with another wholly-owned subsidiary, Xuancheng New World Real Estate Co., Ltd. [5][10] - The merger will enhance operational efficiency, optimize governance structure, and reduce management costs, aligning with the company's development strategy [12] Group 2 - The company approved a guarantee for its controlling subsidiary, Hefei Xinpo Real Estate Co., Ltd., for a loan of up to 360 million yuan, with the company providing a guarantee of 252 million yuan [17][19] - The total amount of external guarantees, including this one, will reach 3.365 billion yuan, with no overdue guarantees reported [20] Group 3 - The company approved a financing agreement with Hefei Xingtai Commercial Factoring Co., Ltd., for a financing limit of 300 million yuan to meet operational funding needs [23][27] - The financing rate is set at 3.5% per year, with the company and its subsidiaries required to provide guarantees based on their ownership stakes [27][28] Group 4 - The company announced the convening of its 2025 Fourth Extraordinary General Meeting on December 11, 2025, to review the resolutions passed by the Board [32][38] - The meeting will allow shareholders to participate both in person and via online voting [34][42]