000765SZSE

Announcement on Guarantee for Wholly-Owned Subsidiary of Controlling Subsidiary

*ST Huaxin Co., Ltd.··8 pages

✨ AI Summary

The announcement details a guarantee provided by Huylv Ecological Technology Group Co., Ltd. for its wholly-owned subsidiary, Hubei Junheng Technology Co., Ltd., amounting to RMB 100 million. The guarantee is valid from May 22, 2026, to May 25, 2027, and has been approved by the company's board and shareholders. The total guarantee amount remains within the limits set by the 2025 annual shareholder meeting.

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Full Translation

AI Translation· azure_openai

Huylv Ecological Technology Group Co., Ltd. (hereinafter referred to as "the Company") and all members of the board guarantee that the information disclosed is true, accurate, and complete, without any false records, misleading statements, or significant omissions.

Special Reminder: As of the date of this announcement, the guarantee amount exceeds 50% of the audited net assets of the Company as per the consolidated financial statements for the year 2025. Investors are advised to pay close attention to the guarantee risks.

1. Overview of the Guarantee Situation

  1. Basic Information of the Guarantee
    The Company signed a "Maximum Guarantee Contract" with the Ezhou Branch of Bank of China, providing a joint liability guarantee for Hubei Junheng Technology Co., Ltd. (hereinafter referred to as "Hubei Junheng"), a wholly-owned subsidiary of its controlling subsidiary Wuhan Junheng Technology Co., Ltd. (hereinafter referred to as "Wuhan Junheng"). The maximum principal balance of the guaranteed debt is RMB 100 million. The guarantee period is from May 22, 2026, to May 25, 2027.
    Contract signing date: May 22, 2026
    Contract signing location: Wuchang District, Wuhan

  2. Approved Guarantee Amount by Shareholders' Meeting
    On April 2, 2026, the Company held the 18th meeting of the 11th Board of Directors, and on April 23, 2026, the 2025 Annual Shareholders' Meeting, which approved the proposal on the annual guarantee and financing limits for the Company and its controlling subsidiaries. The authorized guarantee limit for Hubei Junheng during the annual authorization period is RMB 200 million. The cumulative guarantee amount after signing this maximum guarantee contract is still within the limit approved by the 2025 Annual Shareholders' Meeting and does not require further approval from the board or shareholders.

2. Details of the Guarantee Situation

GuarantorGuaranteed PartyGuarantor's ShareholdingGuaranteed Party's Shareholding RatioLatest Asset-Liability RatioCurrent Guarantee Balance (10,000 RMB)New Guarantee Amount (10,000 RMB)Guarantee Amount as Percentage of Latest Net Assets of Listed CompanyRelated Guarantee
Huylv EcologicalHubei Junheng51%58.93%10,00010,0005.01%No

Note:

  1. "Current Guarantee Balance" refers to the total amount of signed guarantee contracts as of the date of this announcement;
  2. "New Guarantee Amount" refers to the total guarantee amount newly signed;
  3. "Guarantee Amount as Percentage of Latest Net Assets of Listed Company" refers to the new guarantee amount (Note 2) as a percentage of the latest audited net assets of the listed company.

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