Hikvision boosts subsidiary credit with new bank guarantees

Hangzhou Hikvision Digital Technology Co., Ltd. (Hikvision) has provided guarantees for its wholly-owned subsidiaries, according to a recent announcement. On November 7, 2025, Hikvision entered into multiple "Maximum Guarantee Contracts" with banks including China Construction Bank, Bank of Hangzhou, Agricultural Bank of China, and Industrial and Commercial Bank of China. These agreements secure credit facilities for subsidiaries like Hangzhou Hikvision System Technology Co., Ltd. and Hangzhou Hikvision Electronics Co., Ltd.

Specifically, Hikvision is providing joint and several liability guarantees for credit facilities totaling RMB 50 million for Hangzhou Hikvision System Technology with Construction Bank Binjiang and Bank of Hangzhou Baoshu. Additionally, Hangzhou Hikvision Technology benefits from guarantees for RMB 300 million with Agricultural Bank Xihu and RMB 600 million with Industrial and Commercial Bank Xihu. Hangzhou Hikvision Electronics Co., Ltd. also secured RMB 55 million in credit through guarantees with Bank of Hangzhou Baoshu. These guarantees fall within the RMB 12.085 billion aggregate guarantee limit approved by the company's 2024 Annual General Meeting on May 9, 2025.

As of the announcement date, Hikvision's actual guarantee balance for its subsidiaries amounts to RMB 2,405.6721 million, representing 2.98% of its audited net assets as of the end of 2024. All guarantees are for entities within the consolidated financial statement scope, with no overdue or disputed external guarantees reported.