Special Risk Reminder
As of the date of this announcement, the total guarantee balance of the company and its controlling subsidiaries is RMB 1.935 billion, accounting for 47.41% of the company's most recent audited net assets. Among this, the guarantee balance for subsidiaries is RMB 1.914 billion, and for other units/individuals, it is RMB 20 million (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.
1. Overview of Guarantees
(1) Review of Guarantee Limits
Shenzhen Jinke Agricultural Technology Co., Ltd. (hereinafter referred to as "the Company") held the 11th meeting of the 11th Board of Directors on December 5, 2025, and the third extraordinary shareholders' meeting of 2025 on December 22, 2025, to review and approve the proposal on providing guarantee limits for subsidiaries. The Company agreed to provide a guarantee limit of no more than RMB 100 million for its wholly-owned subsidiary Hezhou Jinke Agricultural Technology Co., Ltd. (hereinafter referred to as "Hezhou Jinke") and a guarantee limit of no more than RMB 100 million for its wholly-owned subsidiary Wenchang Jinke Agricultural Technology Co., Ltd. (hereinafter referred to as "Wenchang Jinke"). For details, please refer to the relevant announcements disclosed by the Company on the Giant Tide Information Network (www.cninfo.com.cn) (Announcement No.: 2025-067, 2025-076).
On April 27, 2026, the Company held the 17th meeting of the 11th Board of Directors and the second extraordinary shareholders' meeting of 2026 on May 14, 2026, to review and approve the proposal on increasing the guarantee limits for subsidiaries. The Company agreed to provide a guarantee limit of no more than RMB 300 million for Hezhou Jinke and a guarantee limit of no more than RMB 100 million for Wenchang Jinke. For details, please refer to the relevant announcements disclosed by the Company on the Giant Tide Information Network (Announcement No.: 2026-045, 2026-054). The Company and all members of the Board of Directors guarantee that the content of the information disclosure is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
(2) Progress of Guarantees
Recently, the Company and its wholly-owned subsidiary Guangdong Jinke Agricultural Technology Co., Ltd. (hereinafter referred to as "Guangdong Jinke") provided guarantees for Hezhou Jinke to apply for a credit limit from the Xindu Branch of Guangxi Hezhou Guidong Rural Cooperative Bank (hereinafter referred to as "Guidong Rural Cooperative Bank Xindu Branch") and signed relevant guarantee agreements. The specific situation is as follows:
| Guarantor | Guaranteed Party | Guarantee Creditor | Approved Guarantee Limit | Current Guarantee Amount | Remaining Guarantee Balance | Available Guarantee Limit |
|---|---|---|---|---|---|---|
| Company | Hezhou Jinke | Guidong Rural Cooperative Bank Xindu Branch | 40,000 | 5,000 | 5,000 | 35,000 |
| Guangdong Jinke |
Recently, the Company and its wholly-owned subsidiary Guangdong Jinke provided guarantees for Wenchang Jinke to apply for a credit limit from the Wenchang Branch of Hainan Rural Commercial Bank Co., Ltd. (hereinafter referred to as "Hainan Rural Commercial Bank Wenchang Branch") and signed relevant guarantee agreements. The specific situation is as follows:
| Guarantor | Guaranteed Party | Guarantee Creditor | Approved Guarantee Limit | Current Guarantee Amount | Remaining Guarantee Balance | Available Guarantee Limit |
|---|---|---|---|---|---|---|
| Company | Wenchang Jinke | Hainan Rural Commercial Bank Wenchang Branch | 20,000 | 10,000 | 16,000 | 4,000 |
| Guangdong Jinke |
The current guarantee amount is within the guarantee limits approved by the shareholders' meeting, and according to the relevant provisions of the Shenzhen Stock Exchange Listing Rules, this matter does not need to be submitted again for review by the Company's Board of Directors and shareholders' meeting.