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OFILM Group adjusts guarantee quotas to support subsidiary business expansion

November 14, 2025 at 05:47 PM UTCBy FilingReader AI

OFILM Group Co., Ltd. recently announced the adjustment of guarantee quotas for its subsidiaries. The company's total external guarantees, including those to subsidiaries, exceed 10% of its latest audited net assets, with some guarantees exceeding 50%. The current asset-liability ratios for Hong Kong OFILM, Nanchang OFILM, and Jiangxi Jinghao as of September 30, 2025, are 89.93%, 83.06%, and 99.38%, respectively.

Through internal adjustments approved by the general manager’s office, OFILM Group reallocated unused guarantee quotas. A total of 50,000 yuan of the unused guarantee quota for Hong Kong OFILM was reallocated to Nanchang OFILM, and 35,000 yuan was reallocated to Jiangxi Jinghao. Following these adjustments, the guarantee quotas provided by the company for Hong Kong OFILM, Nanchang OFILM, and Jiangxi Jinghao are 110,000 yuan, 210,000 yuan, and 85,000 yuan, respectively. These adjustments remain within the total guarantee amount approved at the 2025 first extraordinary general meeting and do not require further board or shareholder approval.

Additionally, OFILM Group and its subsidiaries have entered into several guarantee agreements with suppliers. For instance, an existing guarantee for Hong Kong OFILM with Supplier 1 was amended, reducing the maximum guaranteed amount from $200,000,000.00 to $90,000,000.00 for the period from November 14, 2025, to March 31, 2026. New guarantee agreements were also established for Nanchang OFILM and Jiangxi Jinghao with various suppliers.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

SZSE:002456Shenzhen Stock Exchange

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