002973SZSE

Announcement on Adjustment of Guarantee Quota and Progress of Guarantees

QiaoYin City Management Co., Ltd.··5 pages

✨ AI Summary

This announcement outlines the adjustment of the guarantee quota for subsidiaries of Qiaoyin Urban Management Co., Ltd. The company has approved a guarantee quota of 252 million yuan for the fiscal year 2026. An unused quota of 30 million yuan from one subsidiary was transferred to another subsidiary. The company also provided a guarantee for a loan of up to 27 million yuan to the latter, ensuring it meets operational needs.

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Full Translation

AI Translation· azure_openai

Qiaoyin Urban Management 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 any false records, misleading statements, or significant omissions.

I. Overview of Guarantee Situation

The 12th meeting of the 4th Board of Directors and the 2025 Annual General Meeting of Shareholders approved the proposal on the estimated guarantee quota for 2026, in which the Company plans to provide a guarantee quota of 2.52 billion yuan for its subsidiaries within the consolidated financial statements. The guarantee period is from the date of approval by the 2025 Annual General Meeting of Shareholders until the date of the 2026 Annual General Meeting of Shareholders. The estimated guarantee quota can be adjusted for use within the effective period and guarantee amount, and can be internally adjusted among guaranteed companies with an asset-liability ratio above/below 70% based on actual circumstances. For specific details, please refer to the announcement disclosed by the Company on April 29, 2026, titled "Announcement on Estimated Guarantee Quota for 2026 and Estimated Related Guarantees" (Announcement No. 2026-056).

II. Adjustment of Guarantee Quota

To meet the business development needs of its subsidiaries, the Company, without changing the estimated guarantee quota for 2026 approved by the 2025 Annual General Meeting of Shareholders, has adjusted the unused guarantee quota of 30 million yuan from its holding subsidiary Chizhou Qiaoyin Environmental Technology Co., Ltd. (hereinafter referred to as "Chizhou Qiaoyin") to its holding subsidiary Foshan Qiaoxiang Urban and Rural Management Co., Ltd. (hereinafter referred to as "Foshan Qiaoxiang"). After the adjustment, the unused guarantee quota of Chizhou Qiaoyin is reduced from 30 million yuan to 0 yuan, while the unused guarantee quota of Foshan Qiaoxiang is 30 million yuan. The specific situation is as follows:

Guaranteed PartyAdjustment DirectionActual Guarantee Balance as of NowUsable Guarantee Quota Before AdjustmentAdjustment AmountUsable Guarantee Quota After AdjustmentAsset-Liability Ratio Limit
Chizhou QiaoyinOutgoing030,00030,0000Below 70%
Foshan QiaoxiangIncoming0030,00030,000Below 70%

After the adjustment of the guarantee quota, the Company has cumulatively approved and has valid guarantees for Foshan Qiaoxiang amounting to 30 million yuan. Since both Chizhou Qiaoyin and Foshan Qiaoxiang are guaranteed objects with an asset-liability ratio below 70%, they can mutually adjust within the guarantee quota. The adjustment of the guarantee quota and the provision of guarantees fall within the scope authorized by the Company’s 2025 Annual General Meeting of Shareholders and have been approved internally by the Company, thus no further submission to the Board of Directors and Shareholders' Meeting is required.

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