001288SZSE

Announcement on Guarantee for Additional Credit Line Application and Related Party Transaction

✨ AI Summary

The company's controlling shareholder and actual controller will provide a joint and several liability guarantee for the company and its subsidiaries' application for an additional credit line of RMB 1 billion, bringing the total credit line to RMB 6 billion. This is a related party transaction aimed at supporting the company's business development and financing needs. The guarantee is provided free of charge.

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Full Translation

AI Translation· gemini_document

Securities Code: 001288

Securities Abbreviation: YUNJI GROUP

Announcement Number: 2026-069

Sichuan Province Zigong Transportation Machinery Group Co., Ltd.

Announcement on Guarantee for Additional Credit Line Application by Controlling Shareholder and Actual Controller and Related Party Transaction

The company and the board of directors guarantee the authenticity, accuracy, and completeness of the information disclosed, and are free from false records, misleading statements, or major omissions.

Sichuan Province Zigong Transportation Machinery Group Co., Ltd. (hereinafter referred to as "the Company" or "YUNJI GROUP") held the 40th meeting of the Fifth Board of Directors on August 10, 2026, and reviewed and approved the "Proposal on Guarantee for Additional Credit Line Application by Controlling Shareholder and Actual Controller and Related Party Transaction." The proposal agreed that the controlling shareholder and actual controller would provide a joint and several liability guarantee for the company and its subsidiaries to apply for an additional credit line. The details are hereby announced as follows:

I. Overview of Related Party Guarantee

On April 9, 2026, the Company held the 35th meeting of the Fifth Board of Directors, and on April 30, 2026, held the 2025 Annual Shareholders' Meeting, which reviewed and approved the "Proposal on the Company's Application for a Comprehensive Credit Line from Financial Institutions in 2026." It was agreed that the Company and its subsidiaries would apply for a comprehensive credit line of no more than RMB 5 billion from financial institutions in 2026.

On April 9, 2026, the Company held the 35th meeting of the Fifth Board of Directors, which reviewed and approved the "Proposal on Guarantee for Additional Credit Line Application by Controlling Shareholder and Actual Controller and Related Party Transaction." It was agreed that the controlling shareholder Wu Youhua and actual controller Wu Youhua and Zeng Yuxian would provide a joint and several liability guarantee for the company's application for a comprehensive credit line from financial institutions, with a guarantee amount not exceeding RMB 5 billion.

On August 10, 2026, the Company held the 40th meeting of the Fifth Board of Directors, which reviewed and approved the "Proposal on the Company's Application for an Additional Credit Line from Financial Institutions in 2026." It was agreed that based on the existing comprehensive credit line of RMB 5 billion in 2026, the Company and its subsidiaries would apply to financial institutions for an additional comprehensive credit line of no more than RMB 1 billion. After the increase, the total comprehensive credit line in 2026 will not exceed RMB 6 billion. For details, please refer to the relevant announcements disclosed by the Company on the Juchao Information Network (www.cninfo.com.cn).

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