According to the Shenzhen Xinxing announcement, the company provides joint guarantee liability for the 8.73 million yuan financial leasing business of its wholly-owned subsidiary Ganzhou Songhui and the Dongguan branch of Risheng International Financial Leasing Co., Ltd., and the controlling shareholder Chen Xuemin also provides joint and several guarantees free of charge. The company has previously reviewed and passed the 2025 external guarantee amount forecast bill. As of the disclosure date of the announcement, the external guarantee balance of the company and its holding subsidiaries was $10386.707 million, accounting for 60.02% of the audited net assets in 2024, with no overdue guarantees.

According to the Shenzhen Xinxing announcement, the company provides joint guarantee liability for the 8.73 million yuan financial leasing business of its wholly-owned subsidiary Ganzhou Songhui and the Dongguan branch of Risheng International Financial Leasing Co., Ltd., and the controlling shareholder Chen Xuemin also provides joint and several guarantees free of charge. The company has previously reviewed and passed the 2025 external guarantee amount forecast bill. As of the disclosure date of the announcement, the external guarantee balance of the company and its holding subsidiaries was $10386.707 million, accounting for 60.02% of the audited net assets in 2024, with no overdue guarantees.