Securities Code: 000058, 200058 Securities Abbreviation: Saige, Saige B Announcement Number: 2026-033
Shenzhen Saige Co., Ltd. Announcement on Progress of Subsidiary Fulfilling Guarantee Obligation
The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or material omissions.
I. Overview of the Situation (I) Overview of Guarantee Situation
Shenzhen Saige Real Estate Co., Ltd. (hereinafter referred to as "Saige Real Estate") is a holding subsidiary of Shenzhen Saige Co., Ltd. (hereinafter referred to as "the Company") with a shareholding ratio of 79.02%. Huizhou Saige Star Real Estate Development Co., Ltd. (hereinafter referred to as "Huizhou Saige Star") is a holding subsidiary of Saige Real Estate with a shareholding ratio of 88%. Huizhou Saige Star applied to Beijing Bank Co., Ltd. Shenzhen Branch (hereinafter referred to as "Beijing Bank") for a comprehensive credit line of RMB 150 million secured by its own assets. According to the bank's requirements, Saige Real Estate signed a "Guarantee Contract" with Beijing Bank, acting as the guarantor for the RMB 150 million comprehensive credit line loan applied for by Huizhou Saige Star, providing joint and several liability guarantee. The guarantee period is two years from the expiration date of the guaranteed debt under the loan contract. Huizhou Saige Star provided a counter-guarantee to Saige Real Estate. For details, please refer to the "Announcement on Guarantee Provided by Holding Subsidiary Shenzhen Saige Real Estate Co., Ltd. for its Holding Subsidiary's Application for Comprehensive Credit Line from Bank" (Announcement Number: 2018-087) disclosed by the Company on the Juchao Information Network on December 6, 2018.