Honghe Technology 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.
On March 17, 2026, the Company held the 19th meeting of the 3rd Board of Directors and approved the proposal regarding the estimated guarantee limit for its subsidiary at the annual shareholders' meeting on April 8, 2026. Based on the business development needs of the Company and its subsidiaries, the Company expects to provide a total guarantee limit not exceeding RMB 170 million for its subsidiaries, with the authorization period from the date of approval at the 2025 annual shareholders' meeting until the date of the 2026 annual shareholders' meeting. The types of guarantees include general guarantees, joint liability guarantees, mortgages, pledges, liens, deposits, etc. The scope of guarantees includes but is not limited to loans, letters of guarantee, factoring, opening letters of credit, bank acceptance bills, bill financing, trust financing, debt transfer financing, financial leasing, and trade supply chain business. For specific details, please refer to the announcement on the estimated guarantee limit for subsidiaries (Announcement No. 2026-011) and the resolution announcement of the 2025 annual shareholders' meeting (Announcement No. 2026-024) published in the Securities Times, China Securities Journal, Shanghai Securities Journal, Securities Daily, and on the website of Giant Tide Information (www.cninfo.com.cn).
1. Overview of Guarantee Progress
Recently, the Company's wholly-owned subsidiary, Shenzhen Honghe Innovation Information Technology Co., Ltd. (hereinafter referred to as "Honghe Innovation"), applied for financing from China Bank Co., Ltd. Shenzhen Pingshan Branch (hereinafter referred to as "China Bank Shenzhen Pingshan Branch"). To ensure the smooth development of the corresponding business, the Company signed a "Maximum Guarantee Contract" with China Bank Shenzhen Pingshan Branch, providing a joint liability guarantee for Honghe Innovation, with a maximum principal balance of RMB 20 million. The above guarantee amount is within the guarantee limit approved at the Company's 2025 annual shareholders' meeting and does not require further approval from the Board of Directors and shareholders' meeting.