002471SZSE
🚨 Material Event

Progress Announcement on Guarantee Quota

Jiangsu Zhongchao Holding CO.,LTD.··2 pages

✨ AI Summary

Jiangsu Zhongchao Holdings Co., Ltd. announces an update on its guarantee quota. The company's total external guarantees have exceeded 100% of its net assets. A specific guarantee for Mingzhu Cable's loan has been adjusted to a different branch of Jiangsu Bank, but terms remain unchanged. No overdue or litigated guarantees exist.

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Full Translation

AI Translation· gemini_document

Securities Code: 002471

Securities Abbreviation: Zhongchao Holdings

Announcement No.: 2026-055

Jiangsu Zhongchao Holdings Co., Ltd.

Announcement on Progress of Guarantee Quota

The Company and the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed herein, and do not contain any false records, misleading statements, or major omissions.

Special Reminder:

As of now, the total amount of external guarantees provided by the Company and its holding subsidiaries has exceeded 100% of the net assets audited as of the most recent period. Investors are advised to pay close attention to guarantee risks.

I. Overview of Guarantee Situation

Jiangsu Zhongchao Holdings Co., Ltd. (hereinafter referred to as the "Company") held its 36th meeting of the Sixth Board of Directors on March 30, 2026, and its 2025 Annual Shareholders' Meeting on April 20, 2026. Both meetings approved the "Proposal on Providing Guarantee Quota." To ensure the continuous and stable development of production and operation, the Company agreed to provide a total guarantee quota of RMB 200,165.42 million for the financing of its subsidiaries and孙公司 (grand-subsidiaries) (including guarantees previously approved but not yet expired). The Company shall bear joint and several liability within the aforementioned quota. The amount and duration of each guarantee shall be stipulated in the specific contract. The guara

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