Beixun Group Co., Ltd. (hereinafter referred to as "the Company") and all members of the board of directors guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.
1. Overview of Guarantees
The fifth session of the Company's board of directors approved the proposal on the external guarantee limit for 2021 at its twenty-eighth meeting. To meet the daily operational and business development needs of the Company (including wholly-owned subsidiaries) and ensure the continuity of existing business, the Company plans to provide guarantees, counter-guarantees, and extensions for bank credit applications and financing matters for wholly-owned subsidiaries, with a total guarantee amount not exceeding 12 billion RMB. The authorization period for this external guarantee limit is from the date of approval by the shareholders' meeting until the date of the 2021 annual shareholders' meeting. The board of directors proposes that the shareholders' meeting authorize the general manager of the Company to be responsible for the specific organization and implementation and to sign relevant contracts and documents, and to authorize the general manager to moderately adjust the guarantee limits among wholly-owned subsidiaries within the scope of the external guarantee limit based on actual operational needs. According to relevant laws and regulations and the provisions of the Articles of Association, this external guarantee matter still needs to be submitted to the shareholders' meeting for deliberation, and this matter does not constitute a related party transaction.
2. Basic Information of the Guaranteed Parties
- The Company and its wholly-owned subsidiaries plan to provide external guarantees totaling no more than 12 billion RMB to the following guaranteed parties during the effective period of the above external guarantees. The basic situation of the wholly-owned subsidiaries and the specific guarantee amounts are as follows: