Overview of Guarantee Situation
Shenzhen Haoshanghao Information Technology Co., Ltd. (hereinafter referred to as "the Company") held its fourth meeting of the third board of directors on March 12, 2026, and the 2025 annual shareholders' meeting on April 3, 2026, to review and approve the proposal on the expected external guarantee limits for the Company and its subsidiaries in 2026. The Company agreed to provide guarantees for subsidiaries within the scope of consolidated financial statements, with a total guarantee limit not exceeding RMB 785 million or equivalent foreign currency (including approved but not yet expired limits). Among these, the guarantee limit for subsidiaries with a debt-to-asset ratio above 70% is RMB 622.5 million, while for those below 70%, it is RMB 53 million, and the inter-subsidiary guarantee limit is RMB 109.5 million. The above limits include new guarantees and extensions or renewals of existing guarantees. For specific details, please refer to the announcement titled "Expected External Guarantee Limits for the Company and Subsidiaries in 2026" disclosed by the Company on March 13, 2026, on the Giant Tide Information Network (www.cninfo.com.cn) (Announcement No.: 2026-023). As of now, the Company's external guarantee limits have not exceeded the approved limits.
Progress of Guarantees
Recently, the Company's wholly-owned subsidiary, Beigaozhi Technology (Shenzhen) Co., Ltd. (hereinafter referred to as "Qianhai Beigaozhi"), Shenzhen Tianwu Technology Co., Ltd. (hereinafter referred to as "Shenzhen Tianwu"), and wholly-owned subsidiary Hong Kong Beigaozhi Technology Co., Ltd. (hereinafter referred to as "Hong Kong Beigaozhi") applied for comprehensive credit limits from China Everbright Bank Co., Ltd. Shenzhen Branch (hereinafter referred to as "Everbright Bank") and China Postal Savings Bank Co., Ltd. Shenzhen Longhua District Branch (hereinafter referred to as "Postal Savings Bank"). The Company signed guarantee contracts with Everbright Bank and Postal Savings Bank (hereinafter collectively referred to as "Guarantee Agreements") to provide joint guarantees for the comprehensive credit business of the aforementioned subsidiaries at the banks. The usage of the guarantee limits for the guaranteed companies is as follows:
| Guarantor | Guaranteed Party | Company’s Guarantee Amount | Guarantee Limit | Guarantee Balance | Shareholding Ratio | Debt-to-Asset Ratio | Proportion of Latest Audited Net Assets | Related Guarantee |
|---|---|---|---|---|---|---|---|---|
| Qianhai Beigaozhi | 100% | 30,000 | 80,876.26 | 70.22% | 18.32% | No | ||
| Shenzhen Tianwu | 100% | 5,000 | 4,700.00 | 72.29% | 3.05% | No | ||
| Hong Kong Beigaozhi | 100% | 10,000 | 114,021.98 | 81.19% | 6.11% | No | ||
| Total | 45,000 | 27.48% |
Note: The above guarantee balances involving foreign currencies are calculated based on the exchange rate of USD to RMB as of April 30, 2026, at 1:6.8628. This guarantee matter is within the guarantee limits approved by the Company’s board of directors and shareholders and does not require further submission for review.