The company and all members of the board guarantee that the information disclosed is true, accurate, and complete, without false records, misleading statements, or significant omissions.
Special Reminder: As of the date of this announcement, the total amount of guarantees provided by Huylv Ecological Technology Group Co., Ltd. exceeds 50% of the audited net assets in the consolidated financial statements for the fiscal year 2025. Investors are advised to pay close attention to the risks associated with these guarantees.
Overview of the Guarantee Situation
(1) Basic Information on the Guarantee
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Contract with Bank of China Beilun Branch
The company signed a "Maximum Guarantee Contract" with Bank of China Beilun Branch to provide joint liability guarantees for its wholly-owned subsidiary, Huylv Garden Construction Development Co., Ltd. The maximum principal balance of the guaranteed debt is RMB 110 million. The guarantee period is from May 21, 2026, to May 20, 2036.- Contract Signing Date: May 21, 2026
- Contract Signing Location: Beilun District, Ningbo
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Contract with Shanghai Pudong Development Bank Ningbo Branch
The company signed a "Maximum Guarantee Contract" with Shanghai Pudong Development Bank Ningbo Branch to provide joint liability guarantees for Huylv Garden. The maximum principal balance of the guaranteed debt during the debt determination period shall not exceed RMB 200 million. The guarantee period is from May 21, 2026, to May 21, 2029.- Contract Signing Date: May 21, 2026
- Contract Signing Location: Beilun District, Ningbo
(2) Approved Guarantee Amount by Shareholders
The company held the 18th meeting of the 11th Board of Directors on April 2, 2026, and the 2025 Annual Shareholders' Meeting on April 23, 2026, where it approved the proposal on the annual guarantee and financing limits for the company and its controlling subsidiaries. The authorized guarantee limit for Huylv Garden during the fiscal year 2025 is RMB 900 million. The total amount of the maximum guarantee contracts signed this time is within the limit approved by the 2025 Annual Shareholders' Meeting and does not require further approval from the board or shareholders.
Details of the Guarantee Situation
| Guarantor | Guaranteed Party | Guarantor's Shareholding Ratio | Guaranteed Party's Latest Asset-Liability Ratio | Current Guarantee Balance (10,000 RMB) | New Guarantee Amount (10,000 RMB) | Guarantee Amount as a Percentage of Latest Audited Net Assets of the Listed Company | Related Guarantee |
|---|---|---|---|---|---|---|---|
| Huylv Ecological | Huylv Garden | 100% | 51.59% | 80,000 | 31,000 | 15.53% | No |
Note:
- "Current Guarantee Balance" refers to the total amount of signed guarantee contracts as of the date of this announcement.
- "New Guarantee Amount" refers to the total amount of guarantees newly signed this time.
- "Guarantee Amount as a Percentage of Latest Audited Net Assets" refers to the new guarantee amount as a percentage of the latest audited net assets of the listed company.