Shenzhen OCT reallocates Rmb10 bn in guarantees to boost affiliate operations

Shenzhen Overseas Chinese Town (OCT) has announced the reallocation of Rmb10 billion in unused guarantee quota from its wholly-owned subsidiary, Shenzhen OCT Urban Entertainment Investment Company, to its equity-invested company, Shenzhen Zhaohua Exhibition and Convention Center Land Development Co. This reallocation represents 1.88% of OCT's most recently audited net assets. Shenzhen OCT Urban Entertainment Investment Company's guarantee quota shifts from Rmb19 billion to Rmb9 billion, while Shenzhen Zhaohua Exhibition and Convention Center Land Development Co.'s quota increases from Rmb5.155 billion to Rmb15.155 billion.

Additionally, OCT reallocated Rmb0.799 billion in unused guarantee quota from its wholly-owned subsidiary, Hangzhou Lanqiao Real Estate Co., to Ningbo Binhai OCT Investment Development Co. This adjustment, 0.15% of OCT’s net assets, changes Hangzhou Lanqiao Real Estate Co.'s quota from Rmb9.47 billion to Rmb8.671 billion, and Ningbo Binhai OCT Investment Development Co. will now receive a guarantee quota of Rmb0.799 billion, up from Rmb0.

As of November 2025, OCT and its controlled subsidiaries' total guarantee balance stands at Rmb283.02 billion, accounting for 53.21% of the company's most recently audited net assets, with no overdue guarantees.