001230SZSE

Announcement on Estimated External Guarantee Limit for 2026

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Jinlv Environment Technology Co., Ltd. announced an estimated external guarantee limit of up to RMB 400 million for 2026, aimed at supporting its subsidiaries' operational needs. Guarantees for subsidiaries with a debt-to-asset ratio above 70% will be capped at RMB 200 million. The proposal requires shareholder approval and is subject to review procedures. Currently, the company's external guarantees account for 29.03% of its latest audited net assets, with no overdue guarantees reported.

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Securities Code: 001230 Securities Abbreviation: Jinlv Environment Announcement No.: 2026-029
Jinlv Environment Technology Co., Ltd.
Announcement on the Estimated External Guarantee Limit for 2026
The company and all members of the board of directors guarantee that the content of the information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.

Special Reminder:

  1. Jinlv Environment Technology Co., Ltd. (hereinafter referred to as "the Company") expects that in 2026, the Company and its subsidiaries intend to provide a total new guarantee limit not exceeding RMB 400 million for the subsidiaries included in the consolidated financial statements (including newly established or acquired wholly-owned and controlling subsidiaries). This estimated external guarantee limit does not include previously reviewed but not yet expired or unused limits. Among this, the new guarantee limit provided to guarantee objects with a debt-to-asset ratio of 70% or above shall not exceed RMB 200 million.
  2. The aforementioned estimated guarantee limit has not yet occurred, and the guarantee agreements have not been signed. The implementation will be decided based on the business development situation. After the actual occurrence of the guarantee matters, the Company will fulfill its information disclosure obligations in a timely manner according to relevant regulations.
  3. As of the date of this announcement, the Company has no overdue external guarantees.
  4. As of the date of this announcement, the total amount of external guarantees provided by the Company and its controlling subsidiaries (excluding this time) accounts for 29.03% of the latest audited net assets attributable to shareholders of the listed company. This guarantee still needs to be reviewed by the Company's shareholders' meeting, and investors are advised to pay full attention to the guarantee risks.

I. Overview of Guarantee Situation
(1) Basic Guarantee Situation
To meet the operational and business development needs of the Company and its controlling subsidiaries, it is estimated that in 2026, the Company and its controlling subsidiaries intend to provide a total new guarantee limit not exceeding RMB 400 million for the subsidiaries included in the consolidated financial statements (including newly established or acquired wholly-owned and controlling subsidiaries). This estimated external guarantee limit does not include previously reviewed but not yet expired or unused limits. Among this, the new guarantee limit provided to guarantee objects with a debt-to-asset ratio of 70% or above shall not exceed RMB 200 million. The scope of guarantees includes but is not limited to financing guarantees arising from financing business (including financial leasing) and performance guarantees arising from daily operations. Guarantee methods include but are not limited to general guarantees, joint liability guarantees, mortgages, pledges, etc.
The above guarantee limits can be adjusted among subsidiaries, but when adjustments occur, for guarantee objects with a debt-to-asset ratio exceeding 70%, the guarantee limit can only be obtained from those guarantee objects with a debt-to-asset ratio exceeding 70%, without the need to convene a board of directors or shareholders' meeting for review.
The validity period of the estimated guarantee limit is within 12 months from the date of approval by the shareholders' meeting. The board of directors proposes that the shareholders' meeting authorize the management of the Company to handle all matters related to the above guarantees on behalf of the Company.
(2) Review Procedures for Guarantee Matters
The Company held the second meeting of the third board of directors on April 22, 2026, to review and approve the proposal on the estimated external guarantee limit for 2026. This proposal still needs to be submitted to the Company's 2025 annual shareholders' meeting for review.

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Announcement on Estimated External Guarantee Limit for 2026 — Jinglv Environment Co., Ltd. | SZSE Releases