Securities Code: 002385 Securities Abbreviation: DaBeiNong Announcement No.: 2026-035 Beijing DaBeiNong Technology Group Co., Ltd. Announcement on Authorization for the Company and Subsidiaries to Provide Guarantees for Customers
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.
Special Reminder: Beijing DaBeiNong Technology Group Co., Ltd. (hereinafter referred to as the "Company" or "DaBeiNong") and its holding subsidiaries have external guarantees totaling over 100% of the net assets as of the most recent audited period, and the guarantee amount exceeds 50% of the listed company's net assets as of the most recent audited period. Investors are kindly requested to pay close attention to the guarantee risks.
I. Overview of Guarantee Situation
(I) Basic Guarantee Information To adapt to the current market situation, further improve financing efficiency, and promote the sales of the Company's products, the Company held the 29th meeting of the Sixth Board of Directors on April 23, 2025, and the 2024 Annual Shareholders' Meeting on May 15, 2025. The proposal "Proposal on Authorizing the Company and its Subsidiaries to Provide Guarantees for Customers" (Announcement No.: 2025-029, 2025-050) was deliberated and approved. It was agreed to authorize the Company and 61 subsidiaries, including Guangdong Jubao Biotechnology Co., Ltd., to provide financing guarantees for customers, cooperative farming households, and guarantors, with a total guarantee limit not exceeding RMB 252.50 million. The authorization period for these guarantees is from the date of approval at the 2024 Annual Shareholders' Meeting to the date of the 2025 Annual Shareholders' Meeting.
To meet market development needs, improve management efficiency, deepen cooperation with customers, further enhance financing efficiency, and expand the Company's sales scale, the Company proposes to authorize the Company and 48 subsidiaries, including Tongliao DaBeiNong Animal Husbandry Technology Co., Ltd., to provide financing guarantees for customers, cooperative farming households, and guarantors, with a total guarantee limit not exceeding RMB 252.32 million. This amount is mainly for supply chain financial loan usage. The authorization period for these guarantees is from the date of approval at the 2025 Annual Shareholders' Meeting to the date of the 2026 Annual Shareholders' Meeting. The financing guarantees to be provided by the Company and its holding subsidiaries for customers, cooperative farming households, and guarantors, with a total guarantee amount not exceeding RMB 25,232 million (i.e., the guarantee amount at any point in time shall not exceed RMB 25,232 million, including guarantees that have not yet been fulfilled), accounts for 3.29% of the Company's net assets attributable to shareholders of the listed company as of the most recent audited period (2025). To improve work efficiency, the Company proposes to authorize the Company's President or senior management personnel designated by the President in accordance with their work rules and the Company's management system to allocate and adjust the specific amounts of guarantees provided by the Company and its holding subsidiaries (including newly established subsidiaries or those included in the consolidated financial statements within the authorization period) within the aforementioned limit based on actual circumstances. The President or relevant business personnel are authorized to organize the implementation and sign relevant agreements within this limit. The authorization period for guarantees is from the date of approval at the 2025 Annual Shareholders' Meeting to the date of the 2026 Annual Shareholders' Meeting, during which the authorized companies and their subsidiaries can carry out guarantee business.
The authorization for the Company and its subsidiaries to provide external guarantees is as follows: Unit: RMB million