Oppein Home Group guarantees 470m yuan for subsidiary's operational growth

Oppein Home Group (SSE:603833) announced a new guarantee for its subsidiary, Guangzhou Oppein Integrated Home Furnishing Co., Ltd., involving 470 million yuan for a comprehensive credit line with Ping An Bank Guangzhou Branch. This guarantee aims to support Oppein Integrated's operational development and ensure timely debt repayment. As of this announcement, Oppein Home Group and its controlled subsidiaries' actual outstanding external guarantee balance totals 2,937,694,200 yuan, representing 15.42% of the company's most recent audited net assets.

The guarantee falls within the previously approved 20,000,000,000 yuan external guarantee limit set by the company's first extraordinary general meeting on March 12, 2025. This transaction underscores Oppein Home Group’s strategy to leverage its financial strength for the benefit of its consolidated entities, given its full control over Oppein Integrated’s operations and financial status.

The guarantee is a joint and several liability and does not include counter-guarantees. As of October 24, 2025, the total approved external guarantee amount for Oppein Home Group and its subsidiaries is 20,000,000,000 yuan, which is 104.97% of the latest audited net assets. There are no overdue external guarantees.