Overview of Guarantee Situation and Approval Status
Wo Ai Wo Jia Holding Group Co., Ltd. (hereinafter referred to as "the Company") held the 15th meeting of the 11th Board of Directors and the 2025 Annual General Meeting on April 19, 2026, and May 20, 2026, respectively. The proposal regarding the guarantee limit for subsidiary debt financing in 2026 was approved, allowing the Company to provide guarantees of no more than 3.7 billion RMB for its subsidiaries. Among this, the estimated guarantee limit for subsidiaries with a debt-to-asset ratio below 70% is no more than 3.03 billion RMB, while for those above 70%, it is no more than 670 million RMB. The guarantee amount for the wholly-owned subsidiary Beijing Wo Ai Wo Jia Real Estate Brokerage Co., Ltd. (hereinafter referred to as "Beijing Wo Ai Wo Jia") is 2.3 billion RMB, and for Kunming Baida Commercial Co., Ltd. (hereinafter referred to as "Kun Baida Commercial"), it is 230 million RMB. The shareholders authorized the Board of Directors to arrange the management team to implement the required financing guarantee limits step by step based on the main business operations of each subsidiary and to allocate the approved guarantee limits among the guaranteed parties as per regulations. The above guarantee limits and authorizations are valid for 12 months from the resolution date of the 2025 Annual General Meeting. For specific details, please refer to the announcements published on April 21, 2026, and May 21, 2026, on the Giant Tide Information Network (www.cninfo.com.cn) regarding the guarantee limits for subsidiary debt financing (Announcement No. 2026-014) and the 2025 Annual General Meeting resolution (Announcement No. 2026-023).
Beijing Wo Ai Wo Jia signed a "Maximum Financing Contract" with Huaxia Bank Co., Ltd. Beijing Guomao Branch (hereinafter referred to as "Huaxia Bank Beijing Guomao Branch") on January 8, 2026, with a limit valid for three years. During the maximum financing limit period from January 7, 2026, to January 7, 2029, Beijing Wo Ai Wo Jia can apply to Huaxia Bank Beijing Guomao Branch for a maximum financing amount of 350 million RMB. The Company provides guarantees for the above debt within the agreed maximum creditor limit and signed a "Maximum Guarantee Contract" with Huaxia Bank Beijing Guomao Branch on the same day. The Company's wholly-owned subsidiaries, Kunming New Southwest Trading Co., Ltd. (hereinafter referred to as "New Southwest Trading") and Kunming Baida Investment Holding Co., Ltd. (hereinafter referred to as "Kun Baida Holding"), signed a "Maximum Mortgage Contract" and a "Maximum Pledge Contract" with Huaxia Bank Beijing Guomao Branch on February 4, 2026, respectively, providing mortgage and pledge guarantees for the main debt within the above maximum creditor limit. For specific details, please refer to the announcements published on January 10 and February 5, 2026, on the Giant Tide Information Network (Announcement No. 2026-001, 2026-003) regarding the progress of providing guarantees for wholly-owned subsidiaries.
Progress of Guarantees
(1) Progress of Guarantees Provided by the Company and Subsidiaries for Beijing Wo Ai Wo Jia
On May 21, 2026, Beijing Wo Ai Wo Jia (hereinafter referred to as "the Debtor"), Huaxia Bank Beijing Guomao Branch (hereinafter referred to as "the Creditor"), the Company (hereinafter referred to as "the Guarantor"), New Southwest Trading (hereinafter referred to as "the Mortgagor"), and Kun Baida Holding (hereinafter referred to as "the Pledger") signed a "Supplementary Agreement" to make corresponding changes and supplements to the aforementioned "Maximum Financing Contract" and various original guarantee contracts. By mutual agreement, the maximum financing limit stipulated in the "Maximum Financing Contract" was changed from 350 million RMB to 450 million RMB. All parties confirmed that the original guarantee contracts provide guarantees for the debts under the "Maximum Financing Contract." Given the increase in the maximum financing limit under the "Maximum Financing Contract" as per the "Supplementary Agreement," the Guarantor, Mortgagor, and Pledger are all aware of and agree to the changes in the guarantee terms.