Hexing Packaging provides a total of 20 million yuan in guarantees for two wholly owned subsidiaries

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Xiamen Hexing Packaging Printing has provided a total of 20 million yuan in guarantees for two wholly owned subsidiaries. The company signed a maximum-amount guarantee contract with Bank of China Xiamen Tong'an Sub-branch for its wholly owned subsidiary Xiamen Rongshengxing Packaging Printing, with a guaranteed maximum principal of 10 million yuan. It also signed a guarantee contract with Bank of Communications Xiamen Branch for its wholly owned subsidiary Hezhong Chuangya Packaging Nanjing, with a guaranteed maximum principal of 10 million yuan. Both guarantees use joint and several liability, with the guarantee period running for three years from the expiry of the debt performance period. As of August 19, 2026, the company's actual guarantee balance for subsidiaries was 891.262 million yuan, accounting for 29.82 percent of the latest audited net assets. The company and its subsidiaries have no overdue external guarantees or guarantees involved in litigation.

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