Securities Code: 002323 Securities Abbreviation: Yabo Shares Announcement No.: 2026-014
Shandong Yabo Technology Co., Ltd. Announcement on the Estimated Limit for Providing Counter-Guarantees to Related Parties
The Company and the entire Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed in this announcement, and that there are no false records, misleading statements, or material omissions.
Special Reminder: ● As of the disclosure date of this announcement, the total amount of outstanding guarantee obligations undertaken by Shandong Yabo Technology Co., Ltd. (hereinafter referred to as the "Company") and its subsidiaries, which has actually occurred, is RMB 118 million, accounting for 58.21% of the Company's audited net assets in 2025. The total limit for guarantees provided by related parties for the Company's and its subsidiaries' loans is RMB 78 million, accounting for 38.48% of the Company's audited net assets in 2025. The total limit for counter-guarantees provided for these related party guarantees is RMB 78 million, accounting for 38.48% of the Company's audited net assets in 2025. ● Overdue External Guarantees: There are no overdue external guarantees.
I. Overview of Counter-Guarantees
(I) Overview of Counter-Guarantees
In accordance with the Company's operating and financing needs for 2026, its related parties, Shandong Quanxing Energy Group Co., Ltd. (hereinafter referred to as "Quanxing Group") and its controlled subsidiaries, and Zaozhuang Caishui Holding Group Co., Ltd. (hereinafter referred to as "Caishui Group") and its controlled subsidiaries, plan to provide the Company with a total guarantee limit of no more than RMB 500 million. This limit is primarily intended to address the Company's financing needs. Within this limit, the Company will arrange financing and apply for guarantee limits based on its own operational requirements, and this limit can be used cyclically.