According to Huabao Xinneng's announcement, the company previously expected to provide a guarantee of no more than 1 billion yuan for its subsidiaries in 2025. Recently, due to its daily operations, the wholly-owned subsidiary Jack Ree Company of Delaware of the United States plans to apply for a credit line of 15 million US dollars from HSBC. The company will provide it with an equal financing credit guarantee. As of the disclosure date of the announcement, the total guarantee balance of the company and its holding subsidiaries was US$26 million, accounting for 2.97% of the most recent audited net assets, with no overdue guarantees, etc.

According to Huabao Xinneng's announcement, the company previously expected to provide a guarantee of no more than 1 billion yuan for its subsidiaries in 2025. Recently, due to its daily operations, the wholly-owned subsidiary Jack Ree Company of Delaware of the United States plans to apply for a credit line of 15 million US dollars from HSBC. The company will provide it with an equal financing credit guarantee. As of the disclosure date of the announcement, the total guarantee balance of the company and its holding subsidiaries was US$26 million, accounting for 2.97% of the most recent audited net assets, with no overdue guarantees, etc.