Securities Code: 002400 Securities Abbreviation: Guangdian Group Announcement No.: 2026-024 Guangdong Advertising Group Co., Ltd. Announcement on Adjustment of Guarantee Quotas Among Subsidiaries The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are not aware of any false representations, misleading statements, or material omissions.
Special Reminder: After this guarantee quota adjustment, Guangdong Advertising Group Co., Ltd. (hereinafter referred to as the "Company") will have a total guarantee quota of no more than RMB 2 billion for subsidiaries within the consolidated financial statements scope, of which no more than RMB 1.7 billion is for subsidiaries with a debt-to-asset ratio exceeding 70%. Investors are advised to pay attention to guarantee risks.
I. Overview of Guarantee Situation The Company's Sixth Board of Directors' Twenty-First Meeting held on December 12, 2025, and the 2025 Third Extraordinary Shareholders' Meeting held on December 29, 2025, deliberated and approved the "Proposal on the Estimated Guarantee Quota for 2026." It was agreed that the Company would provide guarantees for some of its controlling subsidiaries for relevant media agency business related to data promotion services, based on their actual operational needs. The Company will provide guarantees for the performance of these media agency agreements. Concurrently, to meet the financing needs of some subsidiaries, the Company will provide guarantees for credit applications made by some controlling subsidiaries to banks. The total amount of these guarantees will not exceed RMB 2 billion, of which the guarantee quota for controlling subsidiaries with a debt-to-asset ratio exceeding 70% will not exceed RMB 1.7 billion. For details, please refer to the "Proposal on the Estimated Guarantee Quota for 2026" (Announcement No.: 2025-037) published on the Company's designated information disclosure website, Juchao Information Network (www.cninfo.com.cn).