DHC Software secures bank credit, streamlines operations

DHC Software announced on October 21, 2025, that its board approved applications for comprehensive credit lines and guarantees from banks for several subsidiaries. Beijing Shenzhou Xintiao Technology Co., Ltd. and Beijing Donghua Hechuang Technology Co., Ltd. will apply for 350 million yuan and 50 million yuan, respectively, from Shanghai Pudong Development Bank Beijing Branch, with DHC Software providing joint liability guarantees. Donghua Yiwei Technology Co., Ltd. will also apply for 50 million yuan from the same bank, while Donghua Zhigao Communication Technology Co., Ltd. will seek 30 million yuan from China Merchants Bank Shenzhen Branch.

In a related move, the board also approved the deregistration of three inactive subsidiaries: Shanghai Huarong Cloud Computing Co., Ltd., Shanghai Donghua Zhiyun Electronic Technology Co., Ltd., and Taicang Donghua Zhiyun Technology Co., Ltd. These entities, with registered capital of 100 million yuan, 300 million yuan, and 50 million yuan respectively, had not commenced actual operations.

This strategic streamlining aims to optimize DHC Software's internal management, reduce operational costs, and enhance efficiency without impacting overall business development or financial performance. The company’s total guarantees to subsidiaries amount to 3.275 billion yuan, representing 26.31% of its net assets as of the end of 2024.