Henglin(SH:603661) Shang Hai Zheng Quan Bao·2025-12-05 20:17Core Viewpoint - The company, Henglin Home Furnishing Co., Ltd., has announced the provision of guarantees for its subsidiaries to support their business development needs, with a total guarantee amount of RMB 175 million for Zhejiang Hengjian Home Furnishing Co., Ltd. and RMB 10 million for Anji Hengyou Technology Co., Ltd. [1] Group 1: Guarantee Details - The company has provided a guarantee of RMB 175 million for Zhejiang Hengjian Home Furnishing Co., Ltd. and RMB 10 million for Anji Hengyou Technology Co., Ltd. as of November 30, 2025 [1] - The total amount of guarantees approved for the subsidiaries is capped at RMB 1,047.17 million, as decided in the third extraordinary shareholders' meeting held on November 5, 2025 [2] Group 2: Necessity and Reasonableness of Guarantees - The guarantees are deemed necessary to meet the daily operational and business development needs of the subsidiaries, facilitating efficient handling of comprehensive credit and fundraising activities [4] - The board of directors believes that providing guarantees aligns with the company's overall development strategy and interests, as the company maintains actual control over the subsidiaries and can monitor their operational and credit status [5] Group 3: Cumulative Guarantee Situation - As of November 30, 2025, the total external guarantee balance is RMB 618.11 million, which accounts for 16.72% of the company's most recent audited net assets [5] - The company has no other external guarantees or overdue guarantees beyond the mentioned amounts [5]