I. Overview of Related-Party Transactions
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The Company has applied to its related party, Shenzhen Shendan Credit Enhancement Financing Guarantee Co., Ltd., to provide a guarantee for the Company's proposed issuance of corporate bonds or "medium-term notes" with a total principal amount not exceeding RMB 1.06 billion (inclusive). The guarantee will be provided via one or multiple "Guarantee Letters" issued within the RMB 1.06 billion limit, with the term determined by the issuance period of the bonds or notes.
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The Company has applied to its related party, Shenzhen High-Tech Investment Financing Guarantee Co., Ltd., to provide a guarantee for the Company's proposed issuance of corporate bonds or "medium-term notes" with a total principal amount not exceeding RMB 1.36 billion (inclusive). The guarantee will be provided via one or multiple "Guarantee Letters" issued within the RMB 1.36 billion limit, with the term determined by the issuance period of the bonds or notes.
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Shenzhen Shendan Credit Enhancement Financing Guarantee Co., Ltd. and Shenzhen High-Tech Investment Financing Guarantee Co., Ltd. are both controlled subsidiaries of the Company's controlling shareholder, Shenzhen Investment Holdings Co., Ltd. Pursuant to Section 6.3.3 of the Shenzhen Stock Exchange Listing Rules, these entities are related legal persons, and these transactions constitute related-party transactions.
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The Company held the third special meeting of independent directors of the eighth board of directors on June 16, 2026, and the tenth meeting of the eighth board of directors on June 22, 2026, to deliberate and approve these guarantee applications. Related director Mr. Ma Xiaozhi abstained from voting. These matters are subject to approval by the shareholders' meeting, where related shareholders with a conflict of interest will abstain from voting.
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These related-party transactions do not constitute a major asset restructuring under the Administrative Measures for Major Asset Restructuring of Listed Companies and do not require approval from relevant departments.
II. Basic Information of Related Parties
(I) Shenzhen Shendan Credit Enhancement Financing Guarantee Co., Ltd.
- Basic Information | Company Name | Shenzhen Shendan Credit Enhancement Financing Guarantee Co., Ltd. | | :--- | :--- | | Registered Address | Room 4603, Building B, Digital Innovation Center (Hongrongyuan North Station Center), North Station Community, Minzhi Street, Longhua District, Shenzhen | | Enterprise Type | Limited Liability Company (Solely State-owned) | | Legal Representative | Chen Gang | | Registered Capital | RMB 6,000 million | | Date of Establishment | November 05, 2019 | | Business Scope | General business items: re-guarantee business; litigation preservation guarantees, performance guarantees (such as engineering performance guarantees, deferred payment repayment guarantees), bid guarantees; consulting services related to guarantee business; investment with own funds and other non-financing guarantee businesses. Licensed business items: loan-type guarantee business, bond issuance guarantee business, and other financing guarantee businesses. |
Actual Controller: State-owned Assets Supervision and Administration Commission of Shenzhen Municipal People's Government.