Stock Code: 000012; 200012 Stock Abbreviation: CSG A; CSG B Announcement No.: 2026-012 China Southern Glass Group Co., Ltd Announcement on the 2026 Guarantee Plan The company and all members of the board of directors guarantee that the announcement content is true, accurate, and complete, with no false records, Misleading statements or material omissions. Special Reminder: As of the date of this announcement, the company and its subsidiaries have a guarantee of the enterprises within the scope of the consolidated financial statements The total guarantee amount exceeds 100% of the company's most recent audited net assets, reminding investors to pay close attention to guarantee risks danger.
| China Southern Glass Group Co., Ltd. (hereinafter referred to as | ). | " Company | ”“ | CSG Group | ) at | 202 | 6 years | |||||||
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| April | On the 24th, the tenth meeting of the ninth Board of Directors was held | Seventh meeting | Discussion, | Meeting | With | 9 votes in favor | ， 0 | Vote against | ， 0 | Vote abandoned | ||||
| The authority voted to approve the " | About | 2026 | Proposal for the Annual Guarantee Plan | The relevant matters are hereby announced as follows: |
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Specific content of the guarantee plan
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The company and its subsidiaries plan to conduct financial institutions for each guaranteed enterprise within the scope of the consolidated financial statements for 2026 The credit line provides guarantees for a total amount not exceeding the equivalent of RMB 26 billion (including effective but unexpired limits). For guaranteed enterprises with a debt-to-asset ratio of 70% or above, the total amount provided shall not exceed the equivalent RMB 7.5 billion yuan (including effective but not yet matured quotas) in guarantee.
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Validity period of authorization for the above guarantee matters: From the date the shareholders' meeting approves this proposal until the public date The guarantee limit can be reused multiple times during the authorized validity period, Moreover, the guarantee balance at any point must not exceed the guarantee amount approved by the shareholders' meeting, including the company Guarantees for each subsidiary, each subsidiary to each company, and among subsidiaries, with the guaranteed enterprise including the authorization period Legal entities or other organizations newly included within the scope of consolidated financial statements.
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Within the total guarantee plan approved by the shareholders' meeting, the company will contribute capital to subsidiaries according to the proportion of capital contributions Provide guarantees. If it is necessary to provide guarantees exceeding the capital contribution ratio, the other shareholders of the guaranteed enterprise must contribute their own capital and shall bear the corresponding capital risks and joint liability according to their capital contribution ratio. Within the total scope of the above guarantee plan, the company will no longer submit each guarantee matter separately to the Board of Directors,