The company and all members of the board guarantee that the information disclosed is true, accurate, and complete, without false records, misleading statements, or significant omissions.
Special Risk Warning: After the guarantee takes effect, the total amount of guarantees provided by Guomin Technology Co., Ltd. (hereinafter referred to as "the Company" or "Guomin Technology") and its wholly-owned subsidiaries will exceed 100% of the Company's most recent audited net assets. The Company will provide guarantees for units with a debt-to-asset ratio exceeding 70%, with the guarantee amount exceeding 50% of the Company's most recent audited net assets. The aforementioned guarantees are all for subsidiaries within the scope of the consolidated financial statements and guarantees provided between subsidiaries within the scope of the consolidated financial statements. Investors are advised to pay close attention to guarantee risks.
1. Overview of Guarantees
The Company held the 17th meeting of the 6th Board of Directors on March 30, 2026, and the 2025 Annual Shareholders' Meeting on May 15, 2026, where it approved the proposal regarding the estimated guarantee amount for subsidiaries in 2026. The Company agreed to provide a joint liability guarantee for Inner Mongolia Snow New Materials Technology Co., Ltd. (hereinafter referred to as "Inner Mongolia Snow") with a total guarantee amount not exceeding RMB 58 million. The guarantee is valid from the date of approval at the 2025 Annual Shareholders' Meeting until the 2026 Annual Shareholders' Meeting, and the guarantee amount can be used in a revolving manner within the approved limit. For specific details, please refer to the announcements disclosed by the Company on March 31, 2026, and May 15, 2026, on the Giant Tide Information Network: "Resolution Announcement of the 17th Meeting of the 6th Board of Directors" (Announcement No.: 2026-017), "Announcement on the Estimated Guarantee Amount for Subsidiaries in 2026" (Announcement No.: 2026-022), and "Resolution Announcement of the 2025 Annual Shareholders' Meeting" (Announcement No.: 2026-027).