002596SZSE
🚨 Material Event

Announcement on Progress of Financing Guarantee

Hainan Ruize Co., Ltd.··4 pages

✨ AI Summary

Hainan Ruize New Material Co., Ltd. announces a RMB 10 million credit line for its subsidiary, Sanya Ruize Renewable Resources Co., Ltd., secured by company assets and personal guarantees. This falls within the approved annual guarantee quota, with no additional shareholder approval required. The company's total outstanding guarantees now exceed 100% of its net assets.

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Full Translation

AI Translation· gemini_document

Securities Code: 002596 Securities Abbreviation: Hainan Ruize Announcement No.: 2026-058

Hainan Ruize New Material Co., Ltd.

Announcement on Progress of Financing Guarantee

The Company and the Board of Directors guarantee the content of the information disclosed is true, accurate, and complete, and that there are no false representations, misleading statements, or material omissions.

Special Reminder:

The object of this guarantee is a wholly-owned subsidiary. This guarantee matter is within the scope of the annual shareholder meeting's approved quota for 2025. The financial risk of the company providing guarantees for it is within controllable limits and will not adversely affect the company. As of the disclosure date of this announcement, the total amount of external guarantees provided by the company and its holding subsidiaries has exceeded 100% of the company's net assets as of the most recent audited period. Investors are kindly requested to pay attention to related risks.

I. Overview of Financing Guarantee Situation

On August 6, 2026, Hainan Ruize New Material Co., Ltd. (hereinafter referred to as the "Company") received the "Current Fund Loan Contract," "Maximum Amount Guarantee Contract," and "Maximum Amount Mortgage Contract," etc., signed by the Company and its subsidiary Sanya Ruize Renewable Resources Co., Ltd. (hereinafter referred to as "Ruize Renewable Resources") with Hainan Bank Co., Ltd. (hereinafter referred to as "Hainan Bank"). Hainan Bank provided Ruize Renewable Resources with a credit line of RMB 10 million, with a validity period of 24 months. The aforementioned credit line is a revolving credit line, and the term of each loan does not exceed 12 months. The Company provides a joint and several liability guarantee for the aforementioned credit.

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