Securities Code: 002067 Securities Abbreviation: Jinxing Paper Announcement No.: Lin 2026-011 Zhejiang Jinxing Paper Co., Ltd. Announcement on the Limit of Guarantees Provided by the Company to its Subsidiaries and by Subsidiaries to the Company in 2026 The company and the entire board of directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or major omissions.
I. Overview of Guarantees
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Deliberation Procedures Zhejiang Jinxing Paper Co., Ltd. (hereinafter referred to as the "Company") held the 24th meeting of the 8th Board of Directors on April 24, 2026, and reviewed and approved the "Proposal on the Limit of Guarantees Provided by the Company to its Subsidiaries and by Subsidiaries to the Company in 2026". Based on the company's overall production and operation plan and capital needs for 2026, combined with the actual operating and capital utilization in 2025, and forecasting the financing needs of subsidiaries from banks in 2026, it was agreed that the company would provide guarantee limits for its subsidiaries in 2026, and some subsidiaries would provide guarantee limits for the parent company's bank financing. This matter still requires approval from the Company's 2025 Annual Shareholders' Meeting.
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Guarantee Period and Related Authorization The validity period of the proposed guarantee limit is from the date of approval by the 2025 Annual Shareholders' Meeting until the date of the next Annual Shareholders' Meeting. From the date of approval by the Shareholders' Meeting, within this limit, the specific guarantee matters shall be authorized to the Chairman of the Board to be responsible for signing guarantee agreements with financial institutions (or signing them one by one), and no separate board meeting or shareholders' meeting will be convened.
II. Estimated Guarantee Limit for the Company and its Subsidiaries
| Guarantor | Guaranteed Party | Guarantor's Shareholding Ratio | Guaranteed Party's Latest Period Asset-Liability Ratio | Current Guarantee Balance (RMB Ten Thousand) |
|---|---|---|---|---|
| Parent Company's Guarantee Limit for Subsidiaries | ||||
| Pinghu Jinxing Packaging Materials Co., Ltd. | Zhejiang Jinxing Paper Co., Ltd. | 100% | 32.37% | 3,510.00 |
| Zhejiang Jinxing Paper Co., Ltd. | Zhejiang Jinxing Pulp and Paper Co., Ltd. | 100% | 0.00% | 0.00 |
| Zhejiang Jinxing Paper Co., Ltd. | Jinxing Holdings (Malaysia) Co., Ltd. | 100% | 59.96% | 119,759.32 |
| Subsidiary's Guarantee Limit for Parent Company | ||||
| Pinghu Jinxing Packaging Materials Co., Ltd. | Zhejiang Jinxing Paper Co., Ltd. | Not Applicable | 26.52% | 5,400.00 |
(Continued from previous table)