Securities Code: 002409 Securities Abbreviation: Yake Technology Announcement No.: 2026-009
Announcement on the Application for Comprehensive Credit and Mutual Guarantees by the Company and its Wholly-Owned and Controlled Subsidiaries
Special Reminder: This company and all members of the board of directors guarantee the truthfulness, accuracy, and completeness of the content of this announcement, and that there are no false records, misleading statements, or major omissions.
I. Overview of Guarantee Situation
To coordinate the financing affairs of Jiangsu Yake Technology Co., Ltd. (hereinafter referred to as the "Company") and its wholly-owned and controlled subsidiaries (hereinafter referred to as "wholly-owned and controlled legal persons under the same control") and effectively control financing risks, the company's specific financing operations will be conducted through unified credit agreements signed by the company and wholly-owned and controlled legal persons under the same control with various banks and other financial institutions. In daily commercial financing activities (including loans, bank acceptance bills, trade finance, foreign exchange business, etc.), the credit line under the credit agreement will be jointly used by the company and wholly-owned and controlled legal persons under the same control, and will simultaneously constitute mutual guarantees under the credit agreement provided by the company and wholly-owned and controlled legal persons under the same control, and mutual guarantees among wholly-owned and controlled legal persons under the same control.
This proposal plans to apply for a total comprehensive credit line (including existing business) not exceeding RMB 4,800,000.00 million, from the date of approval by the 2025 Annual General Meeting of Shareholders until the end of the 2026 Annual General Meeting of Shareholders.
Therefore, the company's board of directors applies for the following from the date of approval by the 2025 Annual General Meeting of Shareholders until the end of the 2026 Annual General Meeting of Shareholders:
- Mutual guarantees provided by the company and wholly-owned and controlled legal persons under the same control for banking and other financial institution credit business;
- Mutual guarantees provided by wholly-owned and controlled legal persons under the same control for banking and other financial institution credit business in accordance with relevant regulations;
- The total amount of the above guarantee business shall not exceed the applied comprehensive credit line of RMB 4,800,000.00 million. From the date of submitting the above matters for approval at the 2025 Annual General Meeting of Shareholders, the specific guarantee matters occurring within this limit
matters, the board of directors authorizes the company's management to sign relevant guarantee contracts or agreements, and will not convene separate board meetings or shareholder meetings.
II. Basic Information of the Guaranteed Parties
(I) Equity Control Relationship Diagram between Guarantor and Guaranteed Party
[Chart: Yake Technology and subsidiaries]
(II) The entities for which financing guarantees are applied for at the 2025 Annual General Meeting of Shareholders are all wholly-owned and controlled legal persons of the company and under the same control. The basic information of the guaranteed parties is as follows, with key data from the audited financial statements as of December 31, 2025.