Stock Code: 002419 Stock Abbreviation: Tianhong Shares Announcement No.: 2026-014 Tianhong Digital Commercial Co., Ltd. Announcement on Guarantees for Wholly-owned Subsidiaries and Counter-guarantees Received The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or major omissions.
I. Overview of Guarantee Situation To meet the funding needs of Tianhong Digital Commercial Co., Ltd. (hereinafter referred to as the "Company")'s wholly-owned subsidiaries, the Company plans to provide guarantees for financial institution credit lines within the next twelve months (starting from the date of approval by the Company's shareholders' meeting). The total guarantee amount will not exceed RMB 295.5 million. Concurrently, to mitigate the Company's guarantee risk and protect its recourse rights, the Company's wholly-owned subsidiaries will provide counter-guarantees to the Company for this guarantee matter. The above matter has been reviewed and approved by the Fourth Meeting of the Seventh Board of Directors, and is subject to approval by the Company's shareholders' meeting.
II. Estimated Guarantee Quota The Company will provide guarantees for wholly-owned subsidiaries with an asset-liability ratio of less than 70% with a quota not exceeding RMB 2,100 million; the Company will provide guarantees for wholly-owned subsidiaries with an asset-liability ratio exceeding 70% with a quota not exceeding RMB 27,450 million.
Unit: RMB million