Summary of Key Points Core Viewpoint - Shenzhen Jianyi Decoration Group Co., Ltd. has disclosed that the total amount of external guarantees provided by the company and its subsidiaries exceeds 100% of the company's most recent audited net assets, indicating a significant risk for investors [1]. Group 1: Guarantee Approval and Details - The company held its 53rd meeting of the 4th Board of Directors and the 5th extraordinary general meeting of shareholders in 2024, where it approved the expected external guarantee amount for the company and its subsidiaries [2]. - Jianyi Decoration has signed a maximum guarantee contract with China Everbright Bank Zhuhai Branch, where it will provide joint liability guarantee for its subsidiary Guangdong Hedi Technology Co., Ltd. The maximum principal amount guaranteed is 10 million yuan [2]. - The guarantee covers all debts arising from the comprehensive credit contract, including principal, interest, penalties, and other related costs, with a guarantee period of three years from the debt maturity date [2]. Group 2: Financial Status of the Guaranteed Entity - Guangdong Hedi Technology Co., Ltd. has total assets of approximately 185.82 million yuan and total liabilities of about 96.54 million yuan as of March 31, 2025 [3]. - The company reported a net income of -6,194.70 yuan for the first quarter of 2025, compared to an audited annual revenue of 10.18 million yuan for 2024 [3][4]. - The owner's equity stands at approximately 89.28 million yuan as of March 31, 2025, showing a slight decrease from 90.34 million yuan at the end of 2024 [3]. Group 3: Overall Guarantee Situation - The total external guarantee amount for the company and its subsidiaries does not exceed 807.7 million yuan, with the total balance of guarantees being approximately 941.72 million yuan, which is 117.25% of the company's most recent audited net assets [4]. - There are no overdue guarantees or guarantees provided to entities outside the consolidated financial statements, and there are no guarantees involved in litigation [4].