Announcement of Xinjiang Zhongtai Chemical Co., Ltd. on Providing Guarantees for Related Parties According to Shareholding Ratio
The company and all members of the board guarantee that the content of this information disclosure is true, accurate, complete, and does not contain any false records, misleading statements, or major omissions.
I. Overview of the Guarantees and Related Transactions
Xinjiang Zhongtai Chemical Co., Ltd. (hereinafter referred to as "the Company" or "Zhongtai Chemical") plans to apply for a comprehensive credit line of 4.729 billion RMB from banks and other financial institutions for its equity investees: Xinjiang Meike Chemical Co., Ltd. (hereinafter referred to as "Meike Chemical"), Shanghai Zhongtai Multi-Industry International Trade Co., Ltd. (hereinafter referred to as "Shanghai Multi-Industry"), and Hainan Yongxi Industrial Co., Ltd. (hereinafter referred to as "Hainan Yongxi"). The Company will provide a guarantee of 778 million RMB (including existing guarantees of 573 million RMB and new guarantees of 205 million RMB) in joint liability according to its shareholding ratios, as detailed below:
| Guarantor | Guaranteed Party | Guarantee Balance as of January 31, 2026 (10,000 RMB) | Guarantee Amount (10,000 RMB) | Guarantee Amount as a Percentage of Latest Net Assets (%) | Related Guarantee |
|---|---|---|---|---|---|
| Zhongtai Chemical | Xinjiang Meike Chemical Co., Ltd. | 7422.989 | 5303.650 | 2.43 | Yes |
| Zhongtai Chemical | Shanghai Zhongtai Multi-Industry International Trade Co., Ltd. | 1680.920 | 1680.920 | 0.77 | Yes |
| Zhongtai Chemical | Hainan Yongxi Industrial Co., Ltd. | 800.000 | 800.000 | 0.37 | Yes |
| Total | 9902.909 | 7783.570 | 3.57 |
- The business under the above guarantees includes but is not limited to: working capital loans, project loans, medium and long-term loans, internal guarantees for external debts, external guarantees for internal debts, equity investment loans, acquisition loans, bank acceptance bills, letters of credit, accounts receivable factoring, import financing, commercial bill discounting, bank guarantees, financial leasing, supply chain finance, bill pools, financial derivatives, etc. The specific cooperating financial institutions, final financing amounts, and financing forms (terms, interest rates) will be subject to bank approval results or formally signed agreements.
- The forms of guarantees include joint liability guarantees, mortgage guarantees, pledge guarantees, etc.