Huaxia Airlines Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.
I. Overview of Guarantee Approval
On April 23, 2026, Huaxia Airlines Co., Ltd. held the sixth meeting of the fourth Board of Directors and on May 18, 2026, held the annual shareholders' meeting for 2025, where it reviewed and approved the proposal to provide guarantees for its wholly-owned subsidiaries. The Company agreed to provide guarantees for its wholly-owned subsidiaries to apply for credit from banks or other financial institutions, not exceeding RMB 2.6 billion or equivalent foreign currency, primarily for aircraft acquisition, aircraft prepayments, project construction, purchase of aviation materials, equipment procurement, and daily operations. Among these, the guarantee amount for the wholly-owned subsidiary Huaxia Aircraft Maintenance Engineering Co., Ltd. (hereinafter referred to as "Huaxia Maintenance") is RMB 600 million. The above guarantee amount does not include the balance of guarantees previously provided and still within the guarantee period (the previously provided guarantees remain valid). This guarantee amount can be reused from the date of approval by the annual shareholders' meeting in 2025 until the date of the annual shareholders' meeting in 2026. For specific details, please refer to the announcement disclosed by the Company on April 27, 2026, on the Giant Tide Information Network (http://www.cninfo.com.cn) titled "Announcement on Providing Guarantees for Wholly-Owned Subsidiaries" (Announcement No.: 2026-022).