哈森股份2025年度对外担保进展公告详解

一、公告核心内容

• 担保金额与对象：哈森商贸（中国）股份有限公司（哈森股份，证券代码：603958）为控股子公司苏州郎克斯精密五金有限公司的全资子公司——江苏郎克斯智能工业科技有限公司，向交通银行盐城分行申请授信额度共计4,000万元人民币，提供连带责任担保。哈森股份承担55%的担保责任，最高金额为2,200万元人民币。
• 实际担保余额：截至公告披露日，哈森股份及其控股子公司已实际为江苏郎克斯提供的担保余额达11,504.30万元人民币（含本次新增担保）。
• 累计对外担保：公司及合并报表范围内子公司累计对外担保总额为39,800万元人民币，占最近一期经审计净资产的56.30%。
• 风险提示：公司为资产负债率高于70%的单位提供担保，具备一定风险。

二、担保协议细节

• 担保方式：连带责任保证，涉及两份《保证合同》：
  1. 第一份担保主债权本金3,000万元，哈森股份按股权比例承担最高1,650万元担保。
  2. 第二份担保主债权本金1,000万元，哈森股份按股权比例承担最高550万元担保。
• 保证期间：主合同履行期限届满之日起三年，如债权延期，则保证期间相应延长。
• 其他担保人：江苏郎克斯间接股东周泽臣先生以45%比例（最高1,800万元）提供连带责任担保。

三、被担保公司基本情况

• 江苏郎克斯智能工业科技有限公司：成立于2020年1月，注册资本5,000万元，主要经营电子元器件、五金产品、模具、机械设备等制造与销售，资产总额71,634.75万元，负债总额53,081.62万元，资产净额18,553.13万元，2025年前9个月营业收入55,418.44万元，净利润4,380.87万元。
• 信用状况：江苏郎克斯信用状况良好，无重大影响偿债能力的事项。
• 股权结构：哈森股份通过苏州郎克斯直接和间接合计持有其51.52%股权，周泽臣持有35%股权。

四、董事会意见及风险评估

• 本次担保为满足控股子公司日常生产经营需求。江苏郎克斯经营稳定，无重大违约、诉讼、仲裁等影响偿债能力的事项。
• 公司对江苏郎克斯的经营管理、财务等方面具有控制权，可以实时监控其生产经营、现金流与财务变化。
• 本次担保风险总体可控，董事会认为不会损害公司及中小股东利益，具有必要性与合理性。

五、对外担保累计情况及影响

• 公司及合并报表范围内子公司实际对外担保余额为25,558.90万元，占最近一期经审计归属于母公司股东净资产的36.15%。总担保额为3.98亿元，占净资产的56.30%。所有担保均为合并报表范围内子公司，不涉及控股股东、实际控制人及关联人。

六、股东需关注的重点与潜在影响

• 担保额度增长及风险提示：本次担保金额较大，公司整体对外担保比例已接近60%，并为资产负债率高于70%的子公司提供担保，需关注相关风险，可能影响公司财务稳健性。
• 资金流动与偿债能力：如被担保公司出现偿债风险，可能对哈森股份形成较大财务压力，这对股价可能形成压力。
• 经营与信用状况：目前被担保公司经营状况良好、净利润稳定，但需持续关注未来经营、融资及偿债能力变化。

七、结论

哈森股份本次对外担保属于正常经营需求，但担保总额占净资产比例较高，且部分担保对象负债率较高，投资者需关注公司整体担保风险和未来财务状况的变化。此公告对公司股价可能形成影响，建议投资者密切关注后续经营及担保对象的偿债能力。

免责声明：本文基于哈森股份公告信息整理，仅供投资者参考，不构成投资建议。投资者需根据自身风险承受能力作出投资决策，哈森股份及本人不对因信息使用所导致的任何投资损失承担责任。
English Version:

Hasen Co., Ltd. 2025 External Guarantee Progress Announcement Detailed Analysis

1. Key Points of the Announcement

• Guarantee Amount and Target: Hasen Commerce (China) Co., Ltd. (Hasen, stock code: 603958) is providing a joint liability guarantee for its subsidiary Jiangsu Langkes Intelligent Industrial Technology Co., Ltd. (wholly owned by Suzhou Langkes Precision Hardware Co., Ltd.) for a total credit line of RMB 40 million applied from Bank of Communications Yancheng Branch. Hasen is responsible for 55% of the guarantee, up to RMB 22 million.
• Actual Guarantee Balance: As of the disclosure date, Hasen and its subsidiaries have actually provided RMB 115.043 million in guarantees for Jiangsu Langkes (including this addition).
• Cumulative External Guarantee: The total external guarantee of the company and its subsidiaries is RMB 398 million, accounting for 56.30% of the latest audited net assets.
• Risk Warning: The company is providing guarantees to units with asset-liability ratios over 70%, which involves certain risks.

2. Guarantee Agreement Details

• Guarantee Method: Joint liability guarantee, involving two guarantee contracts:
  1. First contract: Guarantee principal RMB 30 million, Hasen is responsible for up to RMB 16.5 million.
  2. Second contract: Guarantee principal RMB 10 million, Hasen is responsible for up to RMB 5.5 million.
• Guarantee Period: Three years from the due date of the main contract. If the debt is extended, the guarantee period is also extended accordingly.
• Other Guarantors: Indirect shareholder Mr. Zhou Zechen provides joint liability guarantee at 45% proportion (up to RMB 18 million).

3. Basic Information of the Guaranteed Company

• Jiangsu Langkes Intelligent Industrial Technology Co., Ltd.: Established in January 2020, registered capital RMB 50 million, mainly engaged in electronics, hardware, molds, mechanical equipment manufacturing and sales. Total assets RMB 716.3475 million, total liabilities RMB 530.8162 million, net assets RMB 185.5313 million, revenue for the first nine months of 2025 RMB 554.1844 million, net profit RMB 43.8087 million.
• Credit Status: The credit condition is good, no major issues affecting debt repayment ability.
• Shareholding Structure: Hasen holds 51.52% in aggregate (direct and indirect) via Suzhou Langkes, Mr. Zhou Zechen holds 35%.

4. Board Opinion and Risk Assessment

• This guarantee is mainly to meet the daily operation needs of subsidiaries. Jiangsu Langkes has stable operations, no major defaults, lawsuits, or issues affecting its debt repayment capacity.
• The company has control over Jiangsu Langkes’ management and finances, and can monitor its production, cash flow, and financial changes in real time.
• Board believes the risk is controllable, with necessity and rationality, and no harm to the interests of the company or minority shareholders.

5. Cumulative External Guarantee Situation and Impact

• The actual external guarantee balance is RMB 255.589 million, accounting for 36.15% of net assets attributable to parent shareholders; the total guarantee is RMB 398 million, accounting for 56.30%. All guarantees are to subsidiaries within the consolidated scope, no guarantees to controlling shareholders or related parties.

6. Key Points and Potential Impact for Shareholders

• Increase in Guarantee Amount and Risk Warning: The guarantee amount is substantial, and the overall guarantee ratio is close to 60%. Some targets have high debt ratios, which may affect financial stability and share price.
• Cash Flow and Debt Repayment Ability: If the guaranteed company encounters repayment risks, it may create financial pressure for Hasen, potentially affecting share price.
• Operational and Credit Status: Though currently stable and profitable, continuous monitoring of future operations, financing, and debt repayment is recommended.

7. Conclusion

The external guarantee by Hasen is for normal business needs, but the guarantee total is high relative to net assets, and some targets have high debt ratios. Investors are advised to pay attention to the company’s overall guarantee risk and future financial status. This announcement may impact share price; investors should closely monitor subsequent developments and debt repayment capabilities of the guaranteed units.

Disclaimer: This article is based on Hasen’s official announcement and is for reference only. It does not constitute investment advice. Investors should assess their own risk tolerance. Hasen and the author are not responsible for any investment losses caused by the information used.

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