Stock Code: 002183 Stock Abbreviation: Eternal Asia Announcement No.: 2026-063
Shenzhen Eternal Asia Supply Chain Management Co., Ltd. Announcement on the Progress of Guarantee Matters
The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or material omissions.
Special Reminder: As of the date of this announcement, the total external guarantee amount of Shenzhen Eternal Asia Supply Chain Management Co., Ltd. (hereinafter referred to as "Eternal Asia" or the "Company") and its holding subsidiaries exceeds 100% of the latest audited net assets. The asset-liability ratio of the guaranteed parties in this instance does not exceed 70%. Investors are advised to pay close attention to guarantee risks.
I. Deliberation of Guarantees
The Company held the 53rd meeting of the 7th Board of Directors on December 11, 2025, where the "Proposal on the 2026 Annual Credit Limit Application and Expected Guarantee Provision for Certain Holding Subsidiaries of the Company" was reviewed and approved. In accordance with the Company's business plan and to meet capital requirements for production and operations, certain holding subsidiaries intend to apply for comprehensive credit limits from banks and other financial institutions totaling no more than RMB 3,888.8 million (inclusive). The validity period for these applications is from January 1, 2026, to December 31, 2026. The Company (including its holding subsidiaries) will provide guarantees, with each guarantee period not exceeding three years, subject to the specific terms of the contracts. This proposal was approved at the 2025 14th Extraordinary General Meeting held on December 30, 2025. For details, please refer to the announcement disclosed on December 15, 2025, in the "China Securities Journal," "Securities Times," "Shanghai Securities News," and the Company's designated information disclosure website, Cninfo (www.cninfo.com.cn), titled "Announcement on Expected Guarantees for 2026 Credit Limits of Certain Holding Subsidiaries" (Announcement No.: 2025-121).
II. Progress of Guarantees
Recently, the Company signed guarantee documents with banks regarding credit applications for three of its holding subsidiaries. The details are as follows:
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Shenzhen Eternal Asia Depth Supply Chain Management Co., Ltd. signed a loan contract with China CITIC Bank International (China) Limited for a loan amount of RMB 50 million. The Company signed a "Maximum Guarantee Contract" with China CITIC Bank International (China) Limited to provide joint and several liability guarantees for the aforementioned financing, with a maximum guarantee amount of RMB 50 million.
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Shenzhen Qianhai Lixintong Supply Chain Co., Ltd. signed a loan contract with Bank of Communications Co., Ltd. Shenzhen Branch for a loan amount of RMB 20 million. The Company signed a "Guarantee Contract" with Bank of Communications Co., Ltd. Shenzhen Branch to provide joint and several liability guarantees for the aforementioned financing, with a maximum guarantee amount of RMB 20 million.
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Anhui Yicheng Depth Supply Chain Management Co., Ltd. signed a loan contract with Shanghai Pudong Development Bank Co., Ltd. Hefei Branch for a loan amount of RMB 10 million. The Company signed a "Maximum Guarantee Contract" with Shanghai Pudong Development Bank Co., Ltd. Hefei Branch to provide joint and several liability guarantees for the aforementioned financing, with a maximum guarantee amount of RMB 10 million.
The aforementioned loan contracts include, but are not limited to, credit contracts, credit agreements, comprehensive credit agreements, credit limit contracts, working capital loan contracts, factoring contracts, letters of credit, bank acceptance agreements, letter of guarantee agreements, RMB/foreign currency loan disbursements, import/export bill advance agreements, and other trade finance contracts and/or other legal documents forming creditor-debtor relationships, including their amendments or supplements.
III. Usage of Guarantee Quota for Guaranteed Parties
Unit: RMB 10,000