Shenzhen Haoshanghao Information Technology Co., Ltd. (hereinafter referred to as "the Company") held the tenth meeting of the third board of directors on June 3, 2026, and approved the proposal regarding the subsidiary accepting an unconditional guarantee from related parties. The related parties Wan Xingzhong and Shuai Rong provided an unconditional guarantee for the wholly-owned subsidiary Shenzhen Dingrui Chip Technology Co., Ltd. (hereinafter referred to as "Dingrui Chip"). This proposal has been reviewed and approved by the independent directors of the Company. The specific details are as follows:
1. Overview of Related Transactions
On May 7, 2026, the Company held the ninth meeting of the third board of directors and approved the proposal to acquire 100% equity of Shenzhen Dingrui Chip Technology Co., Ltd. To enhance the Company's market coverage and competitive advantage, the Company acquired 100% equity of Dingrui Chip for a total price of 84.08 million RMB, funded by the Company's own or self-raised funds. On June 3, 2026, the 100% equity of Dingrui Chip was delivered, and Dingrui Chip and its subsidiaries officially became wholly-owned subsidiaries of the Company, included in the Company's consolidated financial statements. Wan Xingzhong, the original actual controller of Dingrui Chip, continues to serve as the general manager of Dingrui Chip. Prior to the delivery, to meet Dingrui Chip's operational funding needs, Wan Xingzhong and Shuai Rong each provided an unconditional joint liability guarantee of no more than 5 million RMB for Dingrui Chip's bank credit application. The aforementioned guarantee does not charge any guarantee fees to Dingrui Chip and does not require Dingrui Chip to provide counter-guarantees. As of the delivery date, the guarantee had not yet been fulfilled, with a remaining guarantee balance of 5 million RMB. Wan Xingzhong and Shuai Rong, as the original actual controllers of Dingrui Chip, are recognized as related parties of the Company from the date of delivery based on the principle of substance over form. The existing guarantee constitutes an unconditional guarantee from related parties accepted by the Company's subsidiary. According to the relevant laws and regulations, including the Shenzhen Stock Exchange Listing Rules and the Company's Articles of Association, this guarantee matter is within the approval scope of the Company's board of directors and does not require submission to the shareholders' meeting for review. This transaction does not constitute a major asset reorganization as defined by the Measures for the Administration of Major Asset Restructuring of Listed Companies. 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.