Overview of Guarantees
Jinan Guoji Group Co., Ltd. (hereinafter referred to as "the Company") held the fifth meeting of the sixth board of directors on April 27, 2025, and the annual general meeting of shareholders on May 20, 2025, to review and approve the proposal on applying for a comprehensive credit limit and providing guarantees. The Company agreed to provide guarantees for all controlling subsidiaries included in the consolidated financial statements (including those newly included after January 1, 2025) totaling no more than 4.76 billion yuan, with guarantee methods including but not limited to guarantee, mortgage, and pledge. For specific details, please refer to the announcement titled "Announcement on Applying for Comprehensive Credit and Providing Guarantees" published by the Company on April 29, 2025, on the Giant Tide Information Network (www.cninfo.com.cn) (Announcement No.: 2025-022).
Progress of Guarantees
Due to the business development needs of its wholly-owned subsidiary, the Company recently signed maximum guarantee contracts with banks to provide joint liability guarantees for financing. The specific details are as follows: