Oppein Home Group provides 700 million yuan guarantee to support subsidiary

Oppein Home Group Co., Ltd. announced a new external guarantee of 700 million yuan for its controlled subsidiary, Guangzhou Oppein Integrated Home Furnishing Co., Ltd. (Oppein Integrated), with China Merchants Bank Guangzhou Branch. This brings the total actual guarantee balance for Oppein Integrated to 1.899 billion yuan. The guarantee supports Oppein Integrated's operational development and falls within the company’s previously approved external guarantee quota for 2025. Oppein Home Group holds a 70% equity stake in Oppein Integrated.

As of December 26, 2025, Oppein Home Group and its controlled subsidiaries have an approved total external guarantee amount of 20 billion yuan, representing 104.97% of the latest audited net assets. The actual external guarantee balance stands at 2.466 billion yuan, which is 12.95% of the latest audited net assets. The company has no overdue guarantees.

The board of directors stated that the guarantee is necessary for Oppein Integrated's operational needs and aligns with the company's 2025 estimated external guarantee limits, ensuring no detriment to the company or its shareholders. Oppein Home Group maintains effective control over its subsidiary's operations and financial health, and the subsidiary demonstrates the capacity to repay its debts.