Chen Keming Food Co., Ltd. and all members of the board guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
Important Content Reminder:
- As of May 31, 2026, the balance of mutual guarantees between Chen Keming Food Co., Ltd. (hereinafter referred to as "the Company") and its subsidiaries is 1,362.79 million yuan, accounting for 60.45% of the company's latest audited net assets. Among these, the guarantees provided for subsidiaries with a debt ratio above 70% amount to 260.916 million yuan, while those for subsidiaries with a debt ratio below 70% total 1,101.8741 million yuan. The company can effectively control the operational management, finance, investment, and financing of the guaranteed parties, and the financial risks are within the company's effective control. Investors are advised to pay full attention to guarantee risks.
- The company and its subsidiaries have not provided guarantees for entities outside the scope of the consolidated financial statements.
- The company and its subsidiaries have not experienced any overdue guarantees.
I. Overview of Guarantee Situations
(1) Internal Decision-Making Procedures for Guarantee Matters
On December 30, 2025, the Company held the sixth meeting of the seventh board of directors, which approved the proposal regarding the estimated guarantee limits for the Company and its subsidiaries for 2026. To meet the funding needs for daily operations and business development, and to strengthen the daily management of external guarantees, the total guarantee limit for 2026 for guarantees provided by the Company for consolidated subsidiaries, guarantees provided by subsidiaries for the parent company, and mutual guarantees among subsidiaries shall not exceed 3.2 billion yuan. Among these, the estimated total guarantee for guaranteed parties with a debt ratio above 70% shall not exceed 550 million yuan, and for those below 70%, it shall not exceed 2.65 billion yuan. Within the aforementioned estimated guarantee limits, the guarantee limits among similar guaranteed parties can be adjusted, and relevant guarantee matters shall be subject to formally signed guarantee agreements. The validity period of the guarantee limit is 12 months from the date of approval by the shareholders' meeting. The scope of the above guarantees includes but is not limited to comprehensive credit from banks and other financial institutions, loans, factoring business, etc., and the methods of guarantee include but are not limited to joint liability guarantees. For specific details, please refer to the announcement titled "Estimated Guarantee Limits for 2026 for the Company and Its Subsidiaries" disclosed by the Company on December 31, 2025, on the Giant Tide Information Network (Announcement No.: 2025-102).