002642SZSE

Announcement on the Guarantee Provided by a Controlling Subsidiary for the Company's Bank Credit Application

Ronglian Group Ltd.··3 pages

✨ AI Summary

The company plans to apply for a comprehensive credit limit of RMB 150 million from Beijing Bank's Zhongguancun branch for operational needs. Its controlling subsidiary, Ronglian Shuxun, will provide a joint liability guarantee and a first-priority mortgage on its property. The board approved this guarantee, which does not require shareholder approval.

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Full Translation

AI Translation· azure_openai

Announcement on the Guarantee Provided by a Controlling Subsidiary for the Company's Bank Credit Application

Ronglian Technology Group Co., Ltd. (hereinafter referred to as "the Company") held the 19th meeting of the 7th Board of Directors on June 2, 2026, and approved the proposal regarding the guarantee provided by a controlling subsidiary for the Company's bank credit application. The relevant matters are announced as follows:

1. Overview of the Guarantee

Due to the needs of daily business development, the Company intends to apply for a comprehensive credit limit of RMB 150 million from Beijing Bank Co., Ltd. Zhongguancun Branch (hereinafter referred to as "Beijing Bank Zhongguancun Branch"), with a credit period of 2 years from the date of signing the relevant contract. This comprehensive credit limit application is within the approved credit plan for 2026. The Company's controlling subsidiary, Ronglian Shuxun (Beijing) Information Technology Co., Ltd. (hereinafter referred to as "Ronglian Shuxun"), will provide a joint liability guarantee for the Company and offer its property as a first-priority mortgage guarantee. According to the relevant regulations of the "Shenzhen Stock Exchange Stock Listing Rules," "Shenzhen Stock Exchange Listed Company Self-Regulatory Guidelines No. 1 - Standard Operation of Main Board Listed Companies," and the "Company Articles of Association," this guarantee does not require submission for approval by the Company's shareholders' meeting.

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