Special Reminder
- The total external guarantee limit for the company and its subsidiaries for 2026 is expected to be no more than RMB 800 million (or equivalent foreign currency, including the principal), which exceeds 50% of the company's most recent audited net assets.
- Among the guaranteed parties, Beigaozhi Technology (Shenzhen) Co., Ltd., Hong Kong Beigaozhi Technology Co., Ltd., Shenzhen Tianwu Technology Co., Ltd., Shenzhen Milian Technology Co., Ltd., Shenzhen Beigaozhi Electronics Co., Ltd., Hong Kong Baohui Chip Microelectronics Co., Ltd., and Shenzhen Dingruixin Technology Co., Ltd. have a debt-to-asset ratio exceeding 70% as of the most recent period (March 31, 2026, unaudited). Investors are advised to pay attention to guarantee risks.
I. Overview of the Expected External Guarantee Limit for 2026
Shenzhen Haoshanghao Information Technology Co., Ltd. (hereinafter referred to as "the Company") held its 10th meeting of the 3rd Board of Directors on March 12, 2026, and the 2025 Annual General Meeting on April 3, 2026, where it reviewed and approved the proposal on the expected external guarantee limit for the Company and its subsidiaries for 2026. The total guarantee limit for the Company to provide guarantees for subsidiaries within the consolidated financial statements (hereinafter referred to as "subsidiaries") is agreed to be no more than RMB 785 million or equivalent foreign currency (including approved but unexpired limits). This guarantee limit is effective from the date of the resolution passed at the 2025 Annual General Meeting until the date of the 2026 Annual General Meeting. The shareholders' meeting authorizes the management of the Company and its subsidiaries to handle specific guarantee matters and sign legal documents within the above guarantee limit. For detailed content, please refer to the announcement titled "Announcement on the Expected External Guarantee Limit for the Company and Its Subsidiaries for 2026" (Announcement No.: 2026-023) disclosed by the Company on March 13, 2026, on the Giant Tide Information Network (http://www.cninfo.com.cn). As of now, the Company's external guarantee limit has not exceeded the approved limit.
II. Adjustment of the External Guarantee Limit
The Company and all members of the Board of Directors guarantee that the content of the information disclosure is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
On May 7, 2026, the Company held its 9th meeting of the 3rd Board of Directors, where it reviewed and approved the proposal on the acquisition of 100% equity in Shenzhen Dingruixin Technology Co., Ltd. To enhance the market coverage and competitive advantage of the Company's business, the Company acquired 100% equity in Shenzhen Dingruixin Technology Co., Ltd. (hereinafter referred to as "Dingruixin") for a total transaction price of RMB 84.08 million, funded by the Company's own funds or self-raised funds. On June 3, 2026, the 100% equity of Dingruixin was successfully delivered, and Dingruixin and its subsidiaries officially became wholly-owned subsidiaries of the Company and were included in the Company's consolidated financial statements. On June 3, 2026, the Company held its 10th meeting of the 3rd Board of Directors, where it reviewed and approved the proposal to increase the external guarantee limit for the Company and its subsidiaries for 2026. Given that Dingruixin has officially become a wholly-owned subsidiary of the Company, to meet its daily operational and business development needs, facilitate its fundraising, and improve financing efficiency, the total guarantee limit for the Company and its subsidiaries to provide guarantees within the consolidated financial statements for 2026 has been increased from RMB 785 million or equivalent foreign currency to RMB 800 million or equivalent foreign currency. The comparison table of the external guarantee limit adjustment for 2026 is as follows: