Overseas Chinese Town Group A: Adjusting 176 million yuan guarantee amount to its holding subsidiary Shenzhen Citymore Company.

date
03/02/2026
The announcement of Overseas Chinese Town Group A stated that the company's management will transfer 175.55 million yuan of unused guarantee quota from its wholly-owned subsidiary Chongqing Overseas Chinese Town to its holding subsidiary Shenzhen City Group, with the transferred amount accounting for 0.33% of the latest audited net assets. After the transfer, the guarantee quota for Chongqing Overseas Chinese Town was reduced from 916.8 million yuan to 741.25 million yuan, while for Shenzhen City Group, it was increased from 362.8 million yuan to 538.35 million yuan. Shenzhen City Group is 51% owned by Overseas Chinese Town Group A, with revenue of 6 million yuan and a net loss of 2 million yuan in 2025. As of the end of January 2026, the total guarantee balance of the company and its holding subsidiaries is 26.26 billion yuan, accounting for 49.68% of the net assets, with no overdue guarantees.