000632SZSE

Progress Announcement on Providing Guarantees for Subsidiaries

ST Sanmu Co., Ltd.·February 24, 2026·2 pages

✨ AI Summary

Fujian Sanmu Group Co., Ltd. has provided updates on guarantees for its subsidiaries, with total external guarantees exceeding 100% of the latest audited net assets. The company has adjusted the credit limits and collateral terms for its guarantees, which remain within the approved annual guarantee limit. No further board or shareholder approval is required for these adjustments.

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Full Translation

AI Translation· azure_openai

Stock Code: 000632
Stock Abbreviation: Sanmu Group
Announcement Number: 2026-12

Fujian Sanmu Group Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, with no false records, misleading statements, or significant omissions.

Special Risk Reminder
As of now, the total amount of external guarantees provided by the Company and its controlling subsidiaries has exceeded 100% of the Company's latest audited net assets. The guarantee amount for objects with a debt-to-asset ratio exceeding 70% has surpassed 50% of the Company's latest audited net assets. Investors are advised to pay full attention to guarantee risks.

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