Kehua Bio-Engineering guarantees $5m loan for subsidiary Kehua (Xi'an)

Shanghai Kehua Bio-Engineering Co., Ltd. has announced it provided a joint liability guarantee for a RMB5 million working capital loan to its wholly-owned subsidiary, Kehua (Xi'an) Bio-Engineering Co., Ltd. The guarantee covers the principal, interest, default penalties, and other associated fees. This action aligns with a broader framework approved by the board on February 10, 2025, which allows for financing up to RMB100,000万元 and project loans up to RMB80,000万元, with the company providing guarantees for subsidiaries totaling up to RMB20,000万元.

As of the disclosure date, the company's approved guarantee limit is RMB20,000万元, with the current guarantee representing an additional RMB500万元. Following this guarantee, the cumulative utilized guarantee amount by the company and its subsidiaries stands at RMB2,000万元, representing 0.60% of the company's last audited net assets.

Kehua (Xi'an) Bio-Engineering, established on June 20, 2024, manufactures and sells medical devices and chemical products. As of June 30, 2025, it reported total assets of RMB26,268.43万元, total liabilities of RMB18,032.35万元, and net assets of RMB8,236.09万元. For the first half of 2025, the subsidiary recorded operating revenue of RMB4,766.24万元 and a net loss of RMB237.93万元 (unaudited figures).