苏豪时尚集团为全资子公司提供大额担保，支持国际与新型贸易业务拓展
2026年5月13日，江苏苏豪时尚集团股份有限公司（证券代码：600287）公告称，董事会已审议通过向两家全资子公司——旭顺（香港）有限公司和江苏舜天汉商工贸有限责任公司提供合计19,800万元人民币的连带责任保证担保，此举旨在支持子公司业务扩张与国际市场开拓。
一、担保事项要点
- 担保对象及金额：
- 旭顺（香港）有限公司：担保额度不超过17,000万元人民币
- 江苏舜天汉商工贸有限责任公司：担保额度不超过2,800万元人民币
- 本次担保均为全资子公司，担保金额为新增额度，未提供反担保。
- 担保方式为连带责任保证，担保期限自董事会决议生效之日起一年。
- 本次担保无需提交股东大会审议，已由董事会审议通过。
- 本次担保后，公司对子公司的担保总额为19,800万元，占公司最近一期经审计净资产的8.37%。
二、担保子公司基本情况及经营数据
1. 旭顺（香港）有限公司
- 注册地：香港九龙红磡马头围道39号，红磡商业中心A座504室
- 注册资本：900万美元
- 业务性质：进出口贸易
- 资产状况（截至2026年3月31日）：
- 总资产：172,416,410.73元
- 总负债：64,564,827.13元
- 资产净额：107,851,583.60元
- 2026年1-3月营业收入：42,599,106.09元，净利润1,510,110.92元
- 2025年全年营业收入：174,105,827.10元，净利润1,670,459.14元
- 资产负债率仅15.07%，财务结构稳健
2. 江苏舜天汉商工贸有限责任公司
- 注册地：南京市雨花台区软件大道21号
- 注册资本：500万元
- 业务范围：服装、纺织品、玩具、鞋帽、箱包、工艺品、劳保用品、电子产品、食品等的设计、生产、加工、销售及进出口等
- 资产状况（截至2026年3月31日）：
- 总资产：24,734,255.01元
- 总负债：12,290,852.82元
- 资产净额：12,443,402.19元
- 2026年1-3月营业收入：14,349,118.06元，净利润为-3,155,084.86元（亏损）
- 2025年全年营业收入：91,284,100.95元，净利润771,689.06元
- 资产负债率为25.57%，为较低水平
三、对上市公司及股东的重要影响与潜在风险
- 本次大额担保显示公司对全资子公司业务扩张的高度支持，尤其是境外贸易与新型贸易领域，有望提升子公司竞争力和盈利能力，进而推动公司整体业绩增长。
- 旭顺公司依托香港自由经济体地位进行国际贸易，担保将加强其资金实力，抓住国际市场机会。
- 汉商公司当前正拓展新型贸易业务，担保有助于改善资金结构，提升业绩表现。
- 截至公告日，公司及控股子公司无对外担保（即无为非子公司担保），无逾期担保情况。
- 本次担保占净资产比例为8.37%，数额较大，投资者应关注潜在的财务风险，尤其是汉商公司目前处于亏损状态，存在一定的经营压力。
四、董事会意见
- 2026年5月12日，第十一届董事会第二十一次会议以全票通过该担保议案（4票同意，无反对、弃权）。
- 董事会认为担保事项必要且合理，将有效支持子公司业务发展，符合公司和全体股东利益。
五、投资者需重点关注
- 本次担保为公司主动支持核心子公司扩张，短期或将提升公司整体经营规模，但也需关注担保风险，尤其在汉商公司业绩波动背景下。
- 担保事项如带动子公司显著业绩增长，对公司长期价值有正面推动，反之若子公司经营不善，担保或对母公司形成潜在财务压力，成为影响公司股价的因素。
公司管理层已郑重声明本公告内容真实、准确、完整，无虚假记载、误导性陈述或重大遗漏。
免责声明：本文内容仅供投资者参考，不构成任何投资建议。投资有风险，决策需谨慎。请以公司公告原文及相关法规为准。
英文版
Soochow Fashion Group Offers Large Guarantees to Wholly-Owned Subsidiaries to Support International and New Trade Businesses
On May 13, 2026, Jiangsu Soochow Fashion Group Co., Ltd. (Stock Code: 600287) announced that the Board of Directors has approved the provision of joint liability guarantees totaling RMB 198 million to two wholly-owned subsidiaries—Xushun (Hong Kong) Co., Ltd. and Jiangsu Shuntian Hanshang Trading Co., Ltd.—aimed at supporting their business expansion and international market development.
I. Key Details of the Guarantee
- Guarantee Targets and Amounts:
- Xushun (Hong Kong) Co., Ltd.: Guarantee up to RMB 170 million
- Jiangsu Shuntian Hanshang Trading Co., Ltd.: Guarantee up to RMB 28 million
- Both are wholly-owned subsidiaries. The guarantee amounts are new and uncollateralized.
- The guarantee type is joint liability, effective for one year from Board approval.
- No need for shareholder meeting approval; the Board resolution is sufficient.
- After this guarantee, the total guarantee to subsidiaries is RMB 198 million, accounting for 8.37% of the company’s latest audited net assets.
II. Subsidiary Profiles and Financials
1. Xushun (Hong Kong) Co., Ltd.
- Location: Unit 504, 5/F, Tower A, Hunghom Commercial Centre, 39 Ma Tau Wai Road, Hung Hom, Kowloon, Hong Kong
- Registered Capital: USD 9 million
- Business: Import and Export Trade
- Financials (as of March 31, 2026):
- Total Assets: RMB 172,416,410.73
- Total Liabilities: RMB 64,564,827.13
- Net Assets: RMB 107,851,583.60
- Q1 2026 Revenue: RMB 42,599,106.09; Net Profit: RMB 1,510,110.92
- FY2025 Revenue: RMB 174,105,827.10; Net Profit: RMB 1,670,459.14
- Asset-liability ratio: only 15.07%, indicating strong financial health
2. Jiangsu Shuntian Hanshang Trading Co., Ltd.
- Location: No.21 Software Avenue, Yuhuatai District, Nanjing
- Registered Capital: RMB 5 million
- Business Scope: Design, production, processing, and sales of clothing, textiles, toys, shoes, bags, crafts, labor protection, electronics, food, etc., as well as import and export trade
- Financials (as of March 31, 2026):
- Total Assets: RMB 24,734,255.01
- Total Liabilities: RMB 12,290,852.82
- Net Assets: RMB 12,443,402.19
- Q1 2026 Revenue: RMB 14,349,118.06; Net Profit: -RMB 3,155,084.86 (loss)
- FY2025 Revenue: RMB 91,284,100.95; Net Profit: RMB 771,689.06
- Asset-liability ratio: 25.57%, relatively low
III. Impact on the Listed Company and Shareholders, and Potential Risks
- This major guarantee demonstrates the company’s strong support for its core subsidiaries’ expansion, especially in overseas and new trade markets, which may enhance group competitiveness and profitability, potentially driving overall performance growth.
- Xushun leverages Hong Kong’s free economy for international trade; the guarantee strengthens its financial position to seize overseas opportunities.
- Hanshang is exploring new trade formats; the guarantee helps improve its funding structure and performance outlook.
- As of the announcement, the company and its subsidiaries have no guarantees for external parties and no overdue guarantees.
- Guarantees represent 8.37% of net assets, a sizeable figure. Investors should be aware of the associated financial risk, especially as Hanshang is currently loss-making and faces operational pressure.
IV. Board of Directors’ Decision
- On May 12, 2026, the 21st meeting of the 11th Board of Directors unanimously approved the proposal (4 votes in favor, none against or abstaining).
- The Board believes the guarantees are necessary and reasonable, effectively supporting subsidiary development and serving the interests of the company and all shareholders.
V. Investor Focus
- This is a positive signal of the parent company’s proactive support for core subsidiaries. In the short term, it may boost overall business scale, but investors must be mindful of guarantee risks, particularly given Hanshang’s recent losses.
- If the subsidiaries deliver strong results, this could add long-term value and drive share price appreciation. Conversely, underperformance by subsidiaries could create financial burdens for the parent, impacting share value.
The management confirms that this announcement is true, accurate, and complete, with no false statements, misleading information, or significant omissions.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investments are risky; please make decisions prudently. Refer to the official company filings and relevant regulations for final information.
