Zhejiang Zhenyuan 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 Reminder: As of the date of this announcement, the guarantee amount provided by Zhejiang Zhenyuan Co., Ltd. will exceed 50% of the Company's most recent audited net assets. This guarantee matter is subject to approval by the shareholders' meeting. The guaranteed party, Zhenyuan Biotechnology Co., Ltd. (hereinafter referred to as "Zhenyuan Biotechnology"), has a debt-to-asset ratio exceeding 70% in its most recent financial statements. However, as a wholly-owned subsidiary of the Company, the Company has control over it and can fully understand its operational situation, making the guarantee risk controllable. Investors are advised to pay attention to the risks associated with this guarantee.
1. Overview
The 11th Board of Directors of Zhejiang Zhenyuan Co., Ltd. approved the proposal to provide a guarantee for its subsidiary Zhenyuan Biotechnology at the first extraordinary meeting of 2026, as follows: