DO&SH(SZ:002798) Sou Hu Cai Jing·2025-12-30 23:14Core Viewpoint - The company, 帝欧水华集团股份有限公司, has approved a series of financial proposals during its board meeting, including a comprehensive credit limit application and external guarantee limits for 2026, which are subject to shareholder approval [20][28]. Financial Data Summary - The company plans to apply for a comprehensive credit limit of up to RMB 400,000 million for 2026 to support its operational funding needs [22][23]. - The expected external guarantee limit for 2026 is set at a total of RMB 300,050 million, with specific allocations for subsidiaries based on their debt ratios [28][29]. Board Meeting Details - The board meeting was held on December 30, 2025, with all nine directors present, and the meeting followed proper legal procedures [3]. - The board approved several resolutions, including the application for credit limits and external guarantees, which will be submitted for shareholder approval [6][20]. Proposal for Shareholder Meeting - A second temporary shareholder meeting is scheduled for January 15, 2026, to review the board's proposals [16][17]. - The board has requested authorization to handle all necessary procedures related to the credit and guarantee applications [4][6]. Financial Performance Indicators - The company reported a net profit of -991.87 million in 2024 and -733.64 million in the first nine months of 2025, indicating a trend of improving financial performance [2][3]. - The total liabilities for the company were reported at 6,522.47 million in 2024 and 6,033.53 million in the first nine months of 2025 [2]. Subsidiary Information - The company has several subsidiaries, including 水华未来 (Sichuan) Technology Co., Ltd. and 帝欧智家 (Sichuan) Home Co., Ltd., which are involved in various sectors such as technology and home furnishings [28][30]. - The subsidiaries are expected to benefit from the approved financial measures to enhance their operational capabilities [28][29].