002385SZSE

Announcement on Providing Guarantees for Investee Companies (2026-055)

✨ AI Summary

Beijing Dabeinong Technology Group Co., Ltd. plans to provide a joint liability guarantee of up to 17 million yuan for its investee company, Zhejiang Nongmu, to secure a credit line with a bank. This decision was approved by the board and will be submitted to the shareholders' meeting for further approval. The company emphasizes that the guarantee risk is manageable and will not adversely affect its financial status.

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Full Translation

AI Translation· azure_openai
  1. The company and all members of the board guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.
    Securities Code: 002385
    Securities Abbreviation: Dabeinong
    Announcement Number: 2026-055

Beijing Dabeinong Technology Group Co., Ltd. (hereinafter referred to as "the Company") and its controlling subsidiaries have total external guarantees exceeding 100% of the most recent audited net assets, with guarantees exceeding 50% of the most recent audited net assets of the listed company. Investors are advised to pay close attention to guarantee risks.

I. Overview of the Guarantee Situation

  1. Basic Guarantee Information
    The Company held the 31st (temporary) meeting of the 6th Board of Directors on May 29, 2025, and the 3rd temporary shareholders' meeting of 2025 on June 16, 2025, to review and approve the proposal on providing guarantees for investee companies (Announcement Numbers: 2025-052, 2025-057). The Company agreed to provide a joint liability guarantee for Zhejiang Nongmu's application for a comprehensive credit line of up to 19.5 million yuan from Zhejiang Jinhua Chengtai Rural Commercial Bank for working capital loans and other financing activities. As of the date of this announcement, the aforementioned credit facility is about to expire. To meet its business development needs, Zhejiang Nongmu intends to apply for a comprehensive credit line of up to 17 million yuan from Zhejiang Jinhua Chengtai Rural Commercial Bank, which will be used for working capital loans and other financing activities within the validity period of this credit line, with each loan term not exceeding one year. The Company intends to provide a joint liability guarantee for this credit line of up to 17 million yuan (the specific guarantee amount and term will be subject to the bank's approved amount and term). The above guarantees will be counter-guaranteed by other shareholders of Zhejiang Nongmu, Tianjin Jinxin Agricultural Technology Development Co., Ltd., Tianjin Jiaming Agricultural Development Co., Ltd., and Jinhua Tai Lai Ecological Agriculture and Animal Husbandry Co., Ltd., based on their respective investment ratios, with the counter-guarantee being a credit counter-guarantee. Based on the consolidated net assets of Zhejiang Nongmu at the end of 2025, its equity value in Zhejiang Nongmu is 29.3568 million yuan, which has counter-guarantee capability.

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