002295SZSE

Guangdong Jingyi Metal Co., Ltd. Announcement on Progress of External Guarantees

Jingyi Co., Ltd.·

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Guangdong Jingyi Metal Co., Ltd. announces a progress update on its external guarantees. The company and its subsidiaries have provided guarantees totaling RMB 1,000 million to their wholly-owned subsidiary, Foshan Shunde Jingyi Wanshi Copper Co., Ltd. This is within the scope of guarantees approved by the shareholders' meeting. The company's total outstanding guarantees are RMB 58,923.39 million, representing 43.43% of its net assets.

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Securities Code: 002295 Securities Abbreviation: Jingyi Shares Announcement No.: 2026-013

Guangdong Jingyi Metal Co., Ltd. Announcement on Progress of External Guarantees

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 major omissions.

Special Risk Warning: As of the announcement date, the cumulative actual amount of guarantees provided by the Company and its subsidiaries for their controlled subsidiaries accounts for 43.43% of the Company's net assets as of the most recent audited period. The cumulative total guarantee amount accounts for 66.64% of the Company's net assets as of the most recent audited period. The cumulative actual amount of guarantees provided to entities with a liability-to-asset ratio exceeding 70% accounts for 21.19% of the Company's net assets as of the most recent audited period. The cumulative total guarantee amount for entities with a liability-to-asset ratio exceeding 70% accounts for 47.06% of the Company's net assets as of the most recent audited period. Investors are kindly requested to pay attention to related risks.

I. Overview of Guarantee Situation

Guangdong Jingyi Metal Co., Ltd. (hereinafter referred to as the "Company") and China Everbright Bank Co., Ltd. Guangzhou Branch signed a "China Everbright Bank Maximum Guarantee Contract" to provide a maximum joint and several liability guarantee for the credit business of its wholly-owned subsidiary, Foshan Shunde Jingyi Wanshi Copper Co., Ltd. The guarantee amount is RMB 10 million. The guarantee period for assuming liability is three years from the expiration of the performance period of the debt under the main contract.

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