002303SZSE

Progress Announcement on Guarantees for Subsidiaries

MYS Group Co., Ltd.·

✨ AI Summary

Meiying Sen Group Co., Ltd. announces progress on its guarantee for subsidiaries' bank credit lines. The company has signed guarantee agreements with HSBC Bank (China) for credit facilities totaling RMB 50 million for Dongguan Meiying Sen, RMB 50 million for Suzhou Meiying Sen, RMB 30 million for Chongqing Meiying Sen, and USD 5 million for Hong Kong Meiying Sen. These guarantees are part of a previously approved total credit line of RMB 286,000 million.

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MYS Progress Announcement on Guarantees for Subsidiaries Securities Code: 002303 Stock Abbreviation: Meiying Sen Announcement No.: 2026-020 Meiying Sen Group Co., Ltd. Progress Announcement on Guarantees for Subsidiaries The Company and all members of the Board of Directors guarantee the content of this information disclosure is true, accurate, and complete, and there are no false records, misleading statements, or major omissions.

I. Overview of Guarantee Situation

Meiying Sen Group Co., Ltd. (hereinafter referred to as the "Company") held the 11th meeting of the Sixth Board of Directors on April 13, 2025, and the 2024 Annual General Meeting on May 8, 2025, which deliberated and approved the "Proposal on Providing Guarantees for Subsidiaries." It was agreed that the Company would provide guarantees for its wholly-owned or controlled subsidiaries, including Dongguan Meiying Sen Environmental Protection Technology Co., Ltd. (hereinafter referred to as "Dongguan Meiying Sen"), Suzhou Meiying Sen Environmental Protection Technology Co., Ltd. (hereinafter referred to as "Suzhou Meiying Sen"), Chongqing Meiying Sen Environmental Protection Packaging Engineering Co., Ltd. (hereinafter referred to as "Chongqing Meiying Sen"), Chengdu Meiying Sen Environmental Protection Technology Co., Ltd., Dongguan Meixinlong Internet of Things Technology Co., Ltd., Anhui Meiying Sen Smart Valley Technology Co., Ltd., Changsha Meiying Sen Smart Valley Technology Co., Ltd., Meiying Sen (Hong Kong) International Holdings Co., Ltd. (hereinafter referred to as "Hong Kong Meiying Sen"), Foshan Meiying Sen Green Valley Technology Co., Ltd., Guizhou Province Xishui County Meiying Sen Technology Co., Ltd., Lianshui Meiying Sen Smart Valley Technology Co., Ltd., Fujian Meiying Sen Environmental Protection Technology Co., Ltd., Dongguan Fenghua Intelligent Manufacturing Technology Co., Ltd., and Dongguan Meizhilan Environmental Protection Technology Co., Ltd. The total amount of bank financing guarantees shall not exceed RMB 286,000 million. The guarantee methods include, but are not limited to, joint and several liability guarantees. The guarantee period shall be from the date of approval by the Annual General Meeting in 2024 to the date of the Annual General Meeting in 2025. Within the guarantee period, the above guarantee amount can be used cyclically. The above guarantees do not involve counter-guarantees and are not related party transactions.

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