000048SZSE

Progress Announcement on Providing Guarantees for Subsidiaries

✨ AI Summary

Shenzhen Jinke Agricultural Technology Co., Ltd. has approved a guarantee of up to RMB 100 million for its wholly-owned subsidiary, Wenchang Jinke Agricultural Technology Co., Ltd. The company has recently provided a guarantee of RMB 60 million to Hainan Bank Wenchang Branch. The total guarantee balance for the company and its subsidiaries is RMB 2.509 billion, accounting for 61.48% of the latest audited net assets.

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Full Translation

AI Translation· azure_openai

Special Risk Reminder

As of the date of this announcement, the total guarantee balance for the company and its controlling subsidiaries is RMB 2.509 billion, accounting for 61.48% of the company's latest audited net assets. Among this, the guarantee balance for subsidiaries is RMB 2.482 billion, and for other units/individuals is RMB 0.27 billion (both are guarantees for phased mortgage loans for real estate project buyers and guarantees for feed procurement customers). Investors are advised to pay attention to investment risks.

Overview of Guarantee Situation

(1) Review of Guarantee Amount

Shenzhen Jinke Agricultural Technology Co., Ltd. (hereinafter referred to as "the Company") held the 11th temporary meeting of the 11th Board of Directors on December 5, 2025, and the third temporary shareholders' meeting of 2025 on December 22, 2025, to review and approve the proposal on providing guarantee amounts for subsidiaries, agreeing to provide a guarantee amount not exceeding RMB 100 million for its wholly-owned subsidiary, Wenchang Jinke Agricultural Technology Co., Ltd. (hereinafter referred to as "Wenchang Jinke"). Relevant announcements can be found on the Giant Tide Information Network (www.cninfo.com.cn) (Announcement No.: 2025-067, 2025-076).

(2) Progress of Guarantee

Recently, the Company provided a guarantee for Wenchang Jinke to apply for a credit limit from Hainan Bank Wenchang Branch (hereinafter referred to as "Hainan Bank Wenchang Branch") and signed the relevant guarantee agreement. The specific situation is as follows:

GuarantorGuaranteed PartyCreditorReviewed Guarantee AmountCurrent Guarantee AmountRemaining Guarantee BalanceAvailable Guarantee Limit
CompanyWenchang JinkeHainan Bank Wenchang Branch10,0006,0006,0004,000

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