Easyhome subsidiary secures additional property collateral for existing credit line

Easyhome New Retail Group announced that its wholly-owned subsidiary, Beijing Easyhome Household Chain Co., Ltd. (Household Chain), through its indirect subsidiary, Neijiang Easyhome Property Management Co., Ltd., will provide additional collateral for a previously disclosed RMB 740 million factoring financing service from Industrial and Commercial Bank of China, Beijing Dongcheng Branch. This new collateral involves property in Neijiang City, Sichuan Province, covering a building area of 72,297.68 square meters, enhancing security for the main debt.

The original collateral for this financing included properties held by Harbin Xinyuan Business Management Co., Ltd. and Jilin Sun City Property Management Co., Ltd. This latest transaction, involving a maximum amount mortgage guarantee, does not require approval from the company's board of directors or shareholders.

As of the date of this announcement, the total guarantee balance between the company and its controlled subsidiaries amounts to RMB 503,743.28 million, representing 24.92% of the company's latest audited net assets. Household Chain reported a net profit of RMB 57,557.75 million for the first nine months of 2025.