Stock Code: 002723 Stock Abbreviation: Xiaosong Shares Announcement No.: 2026-078
Guangdong Xiaosong Technology Co., Ltd.
Progress Announcement on Guarantee Default of Associated Investee Company
The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or significant omissions.
Special Reminders:
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As of the disclosure date of this announcement, Guangdong Xiaosong Technology Co., Ltd. (hereinafter referred to as the "Company") has an overdue guarantee cumulative amount of RMB 20,591.30 million, accounting for 27.08% of the Company's latest audited net assets.
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The Company has urged Guohai Construction Co., Ltd. (hereinafter referred to as "Guohai Construction") to promptly implement a loan renewal plan with creditors and properly handle the aforementioned loan default matter. Among these efforts, to resolve the default, the Nanchang Bayi Branch of Jiangxi Bank has submitted a debt restructuring plan for Guohai Construction to its head office.
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The Company will closely monitor the overdue loans of Guohai Construction and the progress of related guarantees, and fulfill its information disclosure obligations in a timely manner. Investors are kindly reminded to pay attention to investment risks.
I. Overview of Guarantee Default Situation
(I) Current Guarantee Default Situation