Announcement on Progress of Guarantees within Consolidated Financial Statements
This announcement is made by Yunnan Huitian New Material (Group) Co., Ltd. (hereinafter referred to as the "Company").
The Company and its entire Board of Directors guarantee the truthfulness, accuracy, and completeness of this announcement, and that there are no false records, misleading statements, or material omissions.
I. Overview of Guarantee Situation
Yunnan Huitian New Material (Group) Co., Ltd. (hereinafter referred to as the "Company") held the 51st meeting of the Fifth Board of Directors on December 30, 2025, and approved the "Proposal on the Quota of Guarantees within the Consolidated Financial Statements for 2026". Please refer to the "Announcement on the Quota of Guarantees within the Consolidated Financial Statements for 2026" (Announcement No.: 2025-217) published by the Company on December 31, 2025, in the designated information disclosure media: China Securities Journal, Securities Times, Shanghai Securities News, China Business News, and the Giant Information Network (www.cninfo.com.cn). The Company's 2026 first extraordinary general meeting of shareholders, held on January 16, 2026, approved the aforementioned matter.
II. Progress of Guarantee Implementation
Recently, the Company issued an "Irrevocable Guarantee Letter for Maximum Amount" (Contract No.: 123XY260724T00004801) to China Merchants Bank Co., Ltd. Chongqing Branch (hereinafter referred to as "CMB Chongqing Branch") to provide a joint liability guarantee for the comprehensive credit line applied by its subsidiary, Chongqing Huitian New Material Technology Co., Ltd. (hereinafter referred to as "Chongqing Huitian"), with CMB Chongqing Branch, amounting to RMB 80,000,000.00.
The Company issued an "Irrevocable Guarantee Letter for Maximum Amount" (Contract No.: 123XY260702T00021303) to CMB Chongqing Branch to provide a joint liability guarantee for the comprehensive credit line applied by its subsidiary, Chongqing Huitian Numi Technology Co., Ltd. (hereinafter referred to as "Numi Technology"), with CMB Chongqing Branch, amounting to RMB 2,000,000.00.
III. Main Content of Guarantee Contracts
(Unit: Unless otherwise specified, in RMB ten thousand yuan)