OCT A reallocates guarantee limits for subsidiary business growth

Shenzhen Overseas Chinese Town (OCT A) has approved the reallocation of RMB 1.894 billion in unused guarantee limits among its controlled and participating subsidiaries. This decision, made under the authority granted by the 2024 annual general meeting, aims to facilitate the business growth of Shenzhen OCT Urban Renewal Investment. The reallocation involves transferring RMB 1.142 billion from Shenzhen OCT Huateng Investment and RMB 0.752 billion from Chongqing OCT Industrial Development to Shenzhen OCT Urban Renewal.

Following the adjustment, Shenzhen OCT Huateng's guarantee limit for 2025-2026 will be reduced from RMB 1.142 billion to RMB 0, and Chongqing OCT Industrial's limit will decrease from RMB 9.92 billion to RMB 9.168 billion. Conversely, Shenzhen OCT Urban Renewal's guarantee limit will increase from RMB 1.734 billion to RMB 3.628 billion. This internal adjustment accounts for 0.36% of the company's most recently audited net assets.

As of October 2025, Shenzhen OCT and its controlled subsidiaries have a total guarantee balance of RMB 285.71 billion, representing 53.72% of the company's most recently audited net assets. There are no overdue guarantees, guarantees involved in litigation, or losses from adjudicated guarantees. Shenzhen OCT Urban Renewal, a controlled subsidiary where Shenzhen OCT holds 51% equity, reported total assets of RMB 7.889 billion and net assets of RMB 2.042 billion as of October 2025.