Arrow Brand Home Furnishings: The company and its subsidiaries applied for a comprehensive credit line of more than 6.8 billion yuan from the bank and provided guarantees.
Arrow Home Furnishings announced that the company and some of its wholly-owned subsidiaries plan to apply for a total of 6.804 billion yuan in comprehensive credit from banks in 2025, while providing guarantees of up to 6.804 billion yuan. Recently, the company and some subsidiaries signed a comprehensive credit and guarantee agreement of 107 million yuan with banks, with a credit period from September 9, 2025 to September 9, 2035. As of September 30, 2025, the two largest shareholders are Lehuahengye Industrial Investment and Xie Yuerong, holding 49.63% and 21.51% respectively. After providing guarantees, the total guarantee amount of the company and its subsidiaries reaches 7.572 billion yuan, with an external guarantee total balance of 1.598 billion yuan, accounting for 32.80% of the audited net assets in 2024.
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