Zhongde Securities Co., Ltd. Audit Opinion on Beijing DaBeiNong Technology Group Co., Ltd. Authorizing Companies and Subsidiaries to Provide Guarantees for Customers
Zhongde Securities Co., Ltd. (hereinafter referred to as "Zhongde Securities" or "Sponsor") as the sponsor of Beijing DaBeiNong Technology Group Co., Ltd. (hereinafter referred to as "DaBeiNong" or "the Company") for its private placement of A shares, in accordance with the "Administrative Measures for Securities Issuance and Listing Sponsorship Business", "Shenzhen Stock Exchange Listed Company Self-Regulation Guidelines No. 1 - Norms for Operations of Main Board Listed Companies" and other relevant regulations, has conducted a prudent review of DaBeiNong's authorization for its companies and subsidiaries to provide guarantees for customers. The details are as follows:
I. Overview of Guarantee Situation
In response to the current market situation, to 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. Both meetings deliberated and approved the "Proposal on Authorizing the Company and its Subsidiaries to Provide Guarantees for Customers". It was agreed to authorize the Company and 61 subsidiaries, including Guangdong Junong Biotechnology Co., Ltd., to provide financing guarantees for customers, cooperative farms (households), and guarantors. The total guarantee limit shall not exceed RMB 25,250 million. The authorization period for guarantees shall be from the date of approval by the 2024 Annual Shareholders' Meeting to the date of the 2025 Annual Shareholders' Meeting.