Stock Code: 002329 Stock Abbreviation: Huangshi Group Announcement No.: 2026-013 Huangshi Group Co., Ltd. Progress Announcement on External Guarantees The Company and the Board of Directors guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or major omissions.
Special Risk Warning: The total external guarantees of the Company and its holding subsidiaries have exceeded 100% of the net assets as of the most recent audited period. The balance of external guarantees of the Company and its holding subsidiaries has exceeded 50% of the net assets as of the most recent audited period. This guarantee includes guarantees provided by the Company to subsidiaries with an asset-liability ratio exceeding 70%. Investors are advised to pay attention to guarantee risks.
I. Overview of Guarantee Situation Huangshi Group Co., Ltd. (hereinafter referred to as the "Company") held its 2024 Annual General Meeting, 2025 First Extraordinary General Meeting, and 2025 Fourth Extraordinary General Meeting on May 21, 2025, July 15, 2025, and December 29, 2025, respectively. The resolutions passed included the "Proposal on the Estimated Guarantee Limit for 2025," "Proposal on the New Estimated Guarantee Limit for 2025," and "Proposal on the New Guarantee Limit for the Company to Provide Guarantees to Village Collective Shareholding Economic Cooperatives." It is estimated that in 2025, the Company plans to provide guarantees totaling no more than RMB 378,816.00 million for its subsidiaries (including inter-subsidiary guarantees), subsidiaries to the Company, and other entities. This guarantee limit is revolving, and the actual total guarantee amount will not exceed the approved guarantee limit. Among these, the guarantee limit for subsidiaries with an asset-liability ratio greater than or equal to 70% shall not exceed RMB 68,900.00 million, and the guarantee limit for subsidiaries with an asset-liability ratio less than 70% shall not exceed RMB 241,216.00 million. The validity period of the guarantees is twelve months from the date of approval by the Company's 2024 Annual General Meeting, 2025 First Extraordinary General Meeting, and 2025 Fourth Extraordinary General Meeting. The estimated guarantee scope also includes subsidiaries newly included in the Company's consolidated statements within the guarantee authorization period. The aforementioned guarantee limit and