Jinpu Titanium Industry Co., Ltd. (hereinafter referred to as "Jinpu Titanium" or "the Company") guarantees that the content of this announcement is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
1. Overview of Guarantees
At the ninth meeting of the ninth board of directors and the 2025 annual shareholders' meeting, Jinpu Titanium approved the proposal regarding the expected external guarantee limit for the Company and its subsidiaries for 2026. The Company and its subsidiaries are authorized to provide guarantees for their subsidiaries (including wholly-owned subsidiaries, holding subsidiaries, and joint ventures) up to a limit of RMB 626.6 million. The scope of guarantees includes, but is not limited to, applying for comprehensive bank credit, loans, acceptance bills, and other financing or conducting other daily business operations. The methods of guarantees include, but are not limited to, credit guarantees, asset pledges, and counter-guarantees. Specific details can be found in the announcements published on April 28, 2026, and May 19, 2026, in the Securities Times, China Securities Journal, and the Giant Tide Information Network (www.cninfo.com.cn) regarding the expected external guarantee limit for 2026 (Announcement No.: 2026-033) and the resolution of the 2025 annual shareholders' meeting (Announcement No.: 2026-043).
2. Progress of Guarantees
Due to operational needs, the Company's subsidiary, Xuzhou Titanium White Chemical Co., Ltd. (hereinafter referred to as "Xuzhou Titanium White"), applied for a credit of RMB 14.45 million from Nanjing Bank Co., Ltd. Xuzhou Branch (hereinafter referred to as "Nanjing Bank"). The Company has provided a joint liability guarantee for this credit and has recently signed the Guarantee Contract with Nanjing Bank. This guarantee is within the available guarantee limit.