Securities Code: 002362 Securities Abbreviation: Hanwang Technology Announcement Number: 2026-020 Hanwang Technology Inc. Announcement on the Progress of Guarantees Provided by the Company for Its Holding Subsidiaries The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or material omissions.
I. Overview Hanwang Technology Inc. (hereinafter referred to as the "Company") held its 7th Board of Directors' 5th Meeting on March 27, 2025, and its 2024 Annual Shareholders' Meeting on May 21, 2025, which deliberated and passed the "Proposal on the Estimated Guarantee Quota for Subsidiaries." To support the business development of the Company's various holding subsidiaries and meet their daily production and operation funding needs, based on the existing guarantee balance, the Company plans to provide new guarantees of up to RMB 300 million for subsidiaries within the scope of the consolidated financial statements to apply for comprehensive credit lines from banks and other financial institutions (including guarantees provided by the Company for subsidiaries or between subsidiaries). Among them, the new guarantee quota for subsidiaries with an asset-liability ratio below 70% shall not exceed RMB 200 million in total, and the new guarantee quota for subsidiaries with an asset-liability ratio above 70% shall not exceed RMB 100 million in total. The specific guarantee amount shall be subject to the actual amount incurred. Please refer to the relevant announcements disclosed by the Company on March 29, 2025, and May 22, 2025, in the designated information disclosure media, Securities Times, China Securities Journal, and Juchao Information Network (www.cninfo.com.cn). Recently, Beijing Hanwang Digital Technology Co., Ltd. (hereinafter referred to as "Hanwang Digital"), a wholly-owned subsidiary of the Company, signed a "Loan Contract" with Beijing Bank Zhongguancun Branch for RMB 19 million.
Beijing Hanwang Guojing Technology Co., Ltd. (hereinafter referred to as "Hanwang Guojing") and Beijing Hanwang Great Health Technology Co., Ltd. (hereinafter referred to as "Hanwang Great Health") signed "Loan Contracts" with the Zhongguancun Branch of China Bank Co., Ltd. for RMB 10 million and RMB 5 million respectively. The Company subsequently signed "Guaranty Agreements" with the Zhongguancun Branch of Beijing Bank and the Zhongguancun Branch of China Bank Co., Ltd. for these three loans, providing joint liability guarantees for the actual principal and interest of bank loans incurred by Hanwang Digital, Hanwang Guojing, and Hanwang Great Health under the aforementioned loan contracts.
II. Basic Information of the Guaranteed Entities