OCEAN'S KING LIGHTING(SZ:002724) Xin Lang Zheng Quan·2025-12-22 11:40Core Viewpoint - Ocean King Lighting Technology Co., Ltd. plans to provide a repurchase guarantee of up to 20 million yuan for customers' financing lease business to enhance sales channels and promote business development [1][2]. Group 1: Guarantee Overview - The company aims to collaborate with qualified leasing companies to implement a "financing lease + repurchase guarantee" model, allowing customers to purchase products through leasing while the company receives payment as per the sales contract [2]. - The repurchase guarantee will cover the repayment risks of customers, ensuring that if customers fail to repay on time, the company will assume the repurchase responsibility [2]. Group 2: Conditions for Guaranteed Parties - The guaranteed parties must be non-related customers with good credit, verified by the leasing company, and recommended by the company based on business conditions [3]. - Core conditions for guaranteed parties include good credit for both the customer and their actual controllers, relevant operational qualifications, and a good past cooperation record [3]. Group 3: Board of Directors' Opinion - The board believes that the guarantee is a prudent decision based on market conditions and company circumstances, with risk control measures already in place [4]. - The total approved guarantee amount, including the new 20 million yuan, is 160.8 million yuan, which accounts for 6.10% of the company's latest audited net assets [4]. Group 4: Market Impact - The financing lease model is expected to reduce upfront financial pressure on customers, particularly those needing large equipment purchases, potentially driving order growth in the short term [5]. - The company emphasizes that the repurchase guarantee mechanism, while providing a safety net for customer defaults, will be managed through strict selection criteria to control compensation risks [5].