002775SZSE

Announcement on Applying for Loans from Non-Financial Institutions

Wenke Co., Ltd.··3 pages

✨ AI Summary

Guangdong Wenke Green Technology Co., Ltd. plans to apply for a loan of up to RMB 900 million from Foshan New City Development and Construction Co., Ltd. The loan is to repay the principal and interest of "Wenke Convertible Bonds" due on August 19, 2026. The annual interest rate will not exceed 4.5%. This transaction is not a related party transaction.

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Full Translation

AI Translation· gemini_document

Securities Code: 002775

Bond Code: 128127

Securities Abbreviation: Wenke Shares

Bond Abbreviation: Wenke Convertible Bond

Announcement No.: 2026-071

Guangdong Wenke Green Technology Co., Ltd.

Announcement on Applying for Loans from Non-Financial Institutions

The Company and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, and contains no false records, misleading statements, or major omissions.

I. Overview of Loan Situation

  1. Guangdong Wenke Green Technology Co., Ltd. (hereinafter referred to as the "Company") issued convertible corporate bonds (hereinafter referred to as "Wenke Convertible Bonds") on August 20, 2020, which will mature on August 19, 2026. To ensure the smooth repayment of principal and interest of "Wenke Convertible Bonds" upon maturity, the Company plans to apply for a loan line of no more than RMB 900 million from Foshan New City Development and Construction Co., Ltd. (hereinafter referred to as "New City Development Company"), with an annual interest rate not exceeding 4.5%, subject to the final loan contract signed.

The Company relocated its registered address to Shunde District, Foshan City at the end of 2023, and is a state-controlled listed company within the jurisdiction of Shunde. To support the stable and healthy development of state-controlled listed companies within the jurisdiction and to prevent liquidity risks, New City Development Company agrees to the above loan matter.

  1. This loan matter has been reviewed and approved by the 22nd meeting of the Sixth Board of Directors held on August 10, 2026, and is subject to the approval of the Company's shareholders' meeting.

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