Progress Overview of Providing Guarantees for Subsidiaries
1. Progress on Providing Guarantees for Subsidiaries
As of November 18, 2025, the company and its holding subsidiary, Anhui Midea Hekang Power Engineering Co., Ltd. (hereinafter referred to as "Meikang Power"), signed a "Business Cooperation Agreement" (No. Huarong Leasing (24) Jing Zi No. 2411143100) and several supplementary agreements with Huarong Financial Leasing Co., Ltd. The company has issued a "Letter of Commitment," agreeing to provide joint guarantee responsibilities for Meikang Power's operational and power generation compensation obligations under the agreements. Relevant announcements were made on December 19, 2024, February 27, 2025, April 3, 2025, May 29, 2025, and November 18, 2025, as detailed in the company's disclosures on the Giant Tide Information Network. Recently, the company and all members of the board guarantee that the content of the information disclosure is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
2. Decision-Making Procedures
On December 10, 2025, and December 26, 2025, the company held the 25th meeting of the sixth board of directors and the second extraordinary shareholders' meeting of 2025, approving the proposal for the comprehensive credit limit and guarantee limit for 2026. Details can be found in the company's announcements on the Giant Tide Info