002775SZSE

Announcement Regarding Additional Collateral Pledge and Counter-Guarantee from Controlling Shareholder and Related Party Transaction

Wenke Co., Ltd.··4 pages

✨ AI Summary

Guangdong Wenke Green Technology Co., Ltd. will pledge 269 self-purchased and debt-resolution assets as collateral to its controlling shareholder, Foshan Construction Development Group Co., Ltd. This is to secure additional loan and guarantee limits, supporting the company's business development. The transaction is considered a related party transaction and requires shareholder approval.

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Full Translation

AI Translation· gemini_document

Stock Code: 002775

Bond Code: 128127

Stock Abbreviation: Wenke Shares

Bond Abbreviation: Wenke Convertible Bond

Announcement Number: 2026-072

Guangdong Wenke Green Technology Co., Ltd.

Announcement Regarding Additional Collateral Pledge and Counter-Guarantee from Controlling Shareholder and Related Party Transaction

The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false records, misleading statements, or material omissions.

I. Overview of Related Party Transactions

  1. Guangdong Wenke Green Technology Co., Ltd. (hereinafter referred to as the "Company") held its 29th meeting of the Fifth Board of Directors on June 27, 2024, and its First Extraordinary General Meeting of Shareholders in 2024 on July 15, 2024, respectively. The proposals "Proposal on Increasing Loan Amount to Controlling Shareholder and Related Party Transaction" and "Proposal on Increasing Guarantee Limit for the Company by Controlling Shareholder and Related Party Transaction" were deliberated and approved. To implement strategic planning and operational plans and support the company's subsequent business development, it was agreed that the Company would apply to its controlling shareholder, Foshan Construction Development Group Co., Ltd. (hereinafter referred to as "Foshan Jianfa"), for an increased loan limit of RMB 1 billion. It was also agreed that the limit for Foshan Jianfa to provide joint and several liability guarantees for the Company's credit applications to banks and other financial institutions would be increased to RMB 2.3 billion. On August 10, 2026, the Company held its 22nd meeting of the Sixth Board of Directors, which deliberated and approved the "Proposal on Increasing Loan Amount to Controlling Shareholder and Related Party Transaction," agreeing that the Company would apply to Foshan Jianfa for an increased loan limit of no more than RMB 900 million.

In accordance with Foshan Jianfa's request, the Company plans to use 269 self-purchased assets and debt-resolution assets it holds as collateral to provide additional collateral and counter-guarantees to Foshan Jianfa for the aforementioned loans and guarantee limits. The final scope will be subject to actual processing, and in principle, will not exceed the aforementioned scope.

  1. Foshan Jianfa is the controlling shareholder of the Company. According to Article 6.3.3 of the "Shenzhen Stock Exchange Stock Listing Rules," Foshan Jianfa is a related legal person of the Company, and the above matters constitute a related party transaction.

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