Progress Announcement on Guarantees for Subsidiaries
The company and its board of directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or material omissions.
Special Reminder: The total amount of external guarantees provided by Luo Xin Pharmaceutical Group Co., Ltd. (hereinafter referred to as the "Company") and its subsidiaries has exceeded 100% of the net assets audited as of the most recent period; the amount of guarantees provided by the Company and its subsidiaries has exceeded 50% of the net assets audited as of the most recent period. Investors are hereby reminded to pay close attention to the guarantee risks.
I. Overview of Guarantee Situation
To meet the funding needs for daily production and operation and business expansion, and to ensure the sustained development of its production and operation and the smooth progress of its business, the Company plans to provide guarantees totaling no more than RMB 137,399.00 million for its subsidiaries in 2026. This includes guarantees provided by the Company for its subsidiaries, mutual guarantees between subsidiaries, guarantees provided by subsidiaries for the Company, and composite guarantees as mentioned above, as well as counter-guarantees provided by third-party guarantee institutions for guarantees provided by subsidiaries within the scope of consolidated financial statements. Among these, the estimated guarantee amount for the guaranteed party with an asset-liability ratio of over 70% is RMB 1,000.00 million; the estimated guarantee amount for the guaranteed party with an asset-liability ratio below 70% is RMB 136,399.00 million. The specific guarantee amounts, guarantee periods, and other matters shall be subject to the guarantee agreements or guarantee documents subsequently signed by all parties. The above guarantee limit is valid for 12 months from the date of approval by the shareholders' meeting.
The Company held its fourth meeting of the Sixth Board of Directors on April 21, 2026, and its 2025 Annual Shareholders' Meeting on May 18, 2026, respectively, and approved the "Proposal on Applying for Comprehensive Credit Line and External Guarantees from Financial Institutions in 2026." For specific content, please refer to the "Announcement on the Limit of External Guarantees in 2026" published by the Company on the CNINFO website (http://www.cninfo.com.cn) on April 23, 2026.