5I5J Holding Group guarantees subsidiary debt for Beijing 5i5j's operational support
5I5J Holding Group Co., Ltd. has provided an RMB 80 million guarantee for its wholly-owned subsidiary, Beijing 5i5j Real Estate Brokerage Co., Ltd., as part of a loan agreement with Hangzhou Bank Co., Ltd. Beijing Branch. This guarantee, formalized on December 8, 2025, covers a loan extending from December 12, 2025, to December 11, 2026, and is a full and irrevocable joint and several liability guarantee.
The guarantee falls within the RMB 2.24 billion limit approved by the company's 2024 annual general meeting for Beijing 5i5j. Following this transaction, the total outstanding guarantees provided by the company and its subsidiaries amount to RMB 2.215 billion, representing 23.60% of the company's latest audited net assets. Beijing 5i5j reported total assets of RMB 5.458 billion and net assets of RMB 3.002 billion as of December 31, 2024, with a net profit of RMB 70.57 million for the full year 2024.
The company’s board believes this guarantee supports Beijing 5i5j's sustainable development and is in the best interest of the company and its shareholders, noting that Beijing 5i5j's sound management and profitability mitigate the associated risks.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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