Stock Code: 002389 Stock Abbreviation: Hangtian Rainbow Announcement No.: 2026-017 Hangtian Rainbow UAV Co., Ltd. Announcement on Signing Financial Services Agreement and Related Party Transaction with Hangtian Technology Finance Co., Ltd. The Company and the entire Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed herein, without any false records, misleading statements, or significant omissions.
I. Overview of Related Party Transaction
On April 20, 2023, Hangtian Rainbow UAV Co., Ltd. (hereinafter referred to as the "Company") held its 2022 Annual General Meeting of Shareholders, which deliberated and approved the "Proposal on Signing the Financial Services Agreement and Related Party Transaction with Hangtian Technology Finance Co., Ltd." The Company agreed to sign the "Financial Services Agreement" with Hangtian Technology Finance Co., Ltd. (hereinafter referred to as "Hangtian Finance Company"). The agreement's term of validity is three years from the date of approval by the Company's Annual General Meeting of Shareholders in 2022. As of the disclosure date of this announcement, the aforementioned agreement is about to expire. Based on the Company's business development needs, to save financial transaction costs and expenses, and further improve the level and efficiency of fund utilization, the Company intends to continue signing the "Financial Services Agreement" with Hangtian Finance Company.
On March 25, 2026, the Company held the Eighth Meeting of the Seventh Board of Directors, which deliberated and approved the "Proposal on Signing the Financial Services Agreement and Related Party Transaction with Hangtian Technology Finance Co., Ltd." The Company agreed to sign the "Financial Services Agreement" with Hangtian Finance Company. The peak deposit amount for the Company and its subsidiaries (within the scope of consolidated financial statements) in Hangtian Finance Company (excluding any loan proceeds from Hangtian Finance Company) shall not exceed RMB 3 billion, with a deposit interest rate range of 0.25%-1.37% (subject to Hangtian Finance Company's latest interest rate policy). The comprehensive credit line shall not exceed RMB 2 billion annually, with a loan interest rate range of 2.00%-3.63% (subject to the actual signed contract). The "Financial Services Agreement" will take effect after being deliberated and approved by the Company's shareholders' meeting and signed and sealed by both parties, with a validity period of three years. Related directors Hu Meixiao, Wang Xianyu, Qin Yongming, and Hou Jun recused themselves from voting on this proposal. This proposal has been deliberated and approved by the Company's Third Extraordinary Independent Directors' Special Committee in 2026. This proposal needs to be submitted to the Company's shareholders' meeting for deliberation, and related shareholders will recuse themselves from voting.
Since Hangtian Finance Company and the Company are both controlled by China Aerospace Science and Technology Corporation Limited, the above transaction constitutes a related party transaction. This related party transaction does not constitute a major asset restructuring as stipulated in the "Measures for the Administration of Major Asset Restructuring of Listed Companies."
II. Introduction of Related Party
Related Party Name: Hangtian Technology Finance Co., Ltd. Legal Representative: Shi Weiguo Registered Capital: RMB 6.5 billion Address: Floors 01 to 03, 07 to 09, No. 31 Ping'anli West Street, Xicheng District, Beijing Company Type: Other Limited Liability Company Date of Establishment: October 10, 2001 Unified Social Credit Code: 91110000710928911P Business Scope: Licensed Projects: Financial Services for Enterprise Groups. (For projects subject to approval according to law, business activities can only be carried out after approval by relevant departments. The specific business projects are subject to the approval documents or licenses of relevant departments.) (Prohibited from engaging in business activities that are prohibited or restricted by national and municipal industrial policies.)
As of December 31, 2025, Hangtian Finance Company's total assets were RMB 158.1015733 billion, net assets were RMB 13.6014266 billion, operating income was RMB 3.1894485 billion, and net profit was RMB 1.2130538 billion.