Announcement on the Guarantee Quota of the Company and its Subsidiaries
Company Code: 002375 Company Abbreviation: Yasha Shares Announcement No.: 2026-014
Announcement on the Guarantee Quota of the Company and its Subsidiaries
The Company and the Board of Directors guarantee the content of this information disclosure is true, accurate, and complete, and that there are no false records, misleading statements, or material omissions.
Special Reminder: The estimated guarantee quota for Zhejiang Yasha Decoration Co., Ltd. and its subsidiaries in 2026 is RMB 386,900 million, accounting for 46.85% of the company's net assets as of the most recent audited period. The estimated guarantee quota for subsidiaries with a debt-to-asset ratio exceeding 70% is RMB 329,600 million, accounting for 39.91% of the company's net assets as of the most recent audited period. Investors are advised to pay attention to guarantee risks.
I. Overview of Guarantee Situation
In accordance with the production and operation and capital needs of Zhejiang Yasha Decoration Co., Ltd. (hereinafter referred to as "Yasha Shares," "the Company," or "Company") and its subsidiaries and sub-subsidiaries, to ensure the sustained and healthy development of the production and operation of the Company and its subsidiaries and sub-subsidiaries, it is agreed that the Company will provide a guarantee quota of RMB 386,900 million for its subsidiaries, sub-subsidiaries, and sub-sub-subsidiaries in 2026.
This guarantee is primarily for Zhejiang Yasha Curtain Wall Co., Ltd., Shanghai Blue Sky Decoration Engineering Co., Ltd., Xiamen Wanan Intelligent Co., Ltd., Zhejiang Yasha Industrial Park Development Co., Ltd., Zhejiang Quanpin Building Materials Technology Co., Ltd., Chengdu Hengji Decoration Engineering Co., Ltd., Yasha Sci-Tech Park Development (Shaoxing) Co., Ltd., Chongqing Yasha Decoration Engineering Co., Ltd., Shenzhen Yasha Building Decoration Co., Ltd., Shenzhen Yasha Curtain Wall Co., Ltd., Xiamen Hantong Digital Technology Co., Ltd., and Xiamen Panzhuo Information Technology Co., Ltd. for bank loans, bank acceptance drafts, and bank guarantees. The guarantee authorization period is from the approval of the Company's 2025 Annual General Meeting of Shareholders until the convening of the 2026 Annual General Meeting of Shareholders, and the Company's legal representative is authorized to sign relevant agreements.