Securities Code: 001323 Securities Abbreviation: Musheng Shares Announcement No.: 2026-004
Musheng Health Sleep Co., Ltd. Announcement on Company Providing Guarantees for Wholly-Owned Subsidiaries
The Company and the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or material omissions.
I. Overview of Guarantee Situation
(I) Basic Situation of This Guarantee
To meet the needs of the Company's production and operation, Dongguan Musheng Furniture Sales Co., Ltd. (hereinafter referred to as "Musheng Sales") and Dongguan Aimu Bedroom Supplies Co., Ltd. (hereinafter referred to as "Dongguan Aimu") signed "Comprehensive Credit Line Agreements" (hereinafter referred to as "Credit Agreements") with Ping An Bank Co., Ltd. Shenzhen Branch (hereinafter referred to as "Ping An Bank" or "Financing Bank") on March 18, 2026. In conjunction with the "Maximum Guarantee Contract" signed by Musheng Health Sleep Co., Ltd. (hereinafter referred to as "Musheng Shares" or "Company") and Ping An Bank, the Company undertakes joint and several liability for the repayment of all debts arising from the credit financing line granted by the Financing Bank to Musheng Sales and Dongguan Aimu. The specific details are as follows:
| Granted Unit/Guaranteed Party | Guarantor | Financing Bank/Creditor | Credit Amount/Guaranteed Amount (RMB ten thousand yuan) |
|---|---|---|---|
| Musheng Sales | Musheng Shares | Ping An Bank | 400,000 |
| Dongguan Aimu | Musheng Shares | Ping An Bank | 50,000 |
(II) Internal Decision-Making Procedures for This Guarantee Matter
On April 24, 2025, and May 16, 2025, the Company convened the Fourteenth Meeting of the Second Board of Directors and the 2024 Annual Shareholders' Meeting, respectively, and deliberated and passed the "Proposal on the Company and its Subsidiaries Applying for Comprehensive Credit Lines from Banks in 2025 and Providing Guarantees for Subsidiaries." It was agreed that the Company would provide joint and several liability guarantees for the subsidiaries/grand-subsidiaries (collectively referred to as "subsidiaries" for companies included in the consolidated financial statements) applying for comprehensive credit lines in 2025, with a total credit line not exceeding RMB 4 billion (inclusive). The validity period is 12 months from the date of approval by the Company's 2024 Annual Shareholders' Meeting. Within the aforementioned guarantee amount, the specific guarantee amount and guarantee period shall be subject to the actually signed agreements. Guarantees can be applied for multiple times. For details, please refer to the "Announcement on the Company and its Subsidiaries Applying for Comprehensive Credit Lines from Banks in 2025 and Providing Guarantees for Subsidiaries" (Announcement No.: 2025-021) disclosed by the Company on April 25, 2025.
This guarantee is within the scope of the guarantee amount and validity period approved by the Company's 2024 Annual Shareholders' Meeting, and no further internal decision-making procedures are required.
II. Basic Information of the Guaranteed Parties
Guaranteed Party 1: Dongguan Musheng Furniture Sales Co., Ltd.