002398SZSE

Announcement on Guarantee Matters for Subsidiaries with Asset-Liability Ratio Below 70%

Leizhi Group·

✨ AI Summary

The company's board of directors approved providing guarantees for subsidiaries with an asset-liability ratio below 70%. The total approved credit line for these guarantees amounts to RMB 6.1 billion. This measure aims to support the subsidiaries' financing needs for their operations and projects, with the company retaining control over financial risks. The guarantees will be implemented through various banking agreements and are subject to shareholder approval.

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Announcement on Guarantee Matters for Subsidiaries with Asset-Liability Ratio Below 70%

Securities Code: 002398 Bond Code: 127062 Securities Abbreviation: Lezhi Group Bond Abbreviation: Lezhi Convertible Bond Announcement No.: 2026-027

Lezhi Holdings Group Co., Ltd.

Announcement on Guarantee Matters for Subsidiaries with Asset-Liability Ratio Below 70%

The Company and all members of its Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed in this announcement, and that there are no false records, misleading statements, or material omissions.

Lezhi Holdings Group Co., Ltd. (hereinafter referred to as the "Company") held its Twelfth Meeting of the Seventh Board of Directors (hereinafter referred to as the "Meeting") on April 24, 2026. The Meeting deliberated and approved the "Proposal on the Company and its Subsidiaries Applying for Credit Lines from Banks." Based on the aforementioned proposal, the Meeting deliberated and approved the "Proposal on the Company Providing Guarantees for Subsidiaries with Asset-Liability Ratio Below 70%," agreeing that the Company will provide guarantees for credit lines used by its subsidiaries with an asset-liability ratio below 70%. The relevant matters are hereby announced as follows:

I. Basic Information of the Guaranteed Parties

  1. Kejiezhe New Materials Group Co., Ltd. (1) Company Name: Kejiezhe New Materials Group Co., Ltd. (2) Registered Address: No. 169, Anzhong Road, Torch High-tech Zone (Xiang'an) Industrial Park, Xiamen City (3) Legal Representative: Yin Jun (4) Registered Capital: RMB 100 million; Paid-in Capital: RMB 100 million (5) Business Scope: Production and sales of building materials; building science research; development and consultation of building technology; building engineering technical services; building engineering design; production and sales of concrete admixtures; import and export of various commodities and technologies (excluding commodities and technologies subject to import/export catalogs). However, for commodities and technologies restricted or prohibited by national regulations, the company shall not operate them.

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