Hebei Xianhe Environmental Technology Co., Ltd. (hereinafter referred to as "the Company") and all members of the board of directors guarantee that the information disclosed is true, accurate, and complete, without false records, misleading statements, or significant omissions.
On June 1, 2026, the 15th meeting of the 5th Board of Directors of Hebei Xianhe Environmental Technology Co., Ltd. reviewed and approved the proposal on the estimated guarantee amount for wholly-owned subsidiaries, with the following details:
1. Overview of the Guarantee
To meet the production and operational needs of its subsidiaries, the Company intends to provide guarantees for its wholly-owned subsidiaries: Hebei Advanced Environmental Industry Innovation Center Co., Ltd. (hereinafter referred to as "Hebei Chanchuang"), Guangxi Xiande Environmental Technology Co., Ltd. (hereinafter referred to as "Guangxi Xiande"), Hebei Zhengtai Environmental Testing Co., Ltd. (hereinafter referred to as "Hebei Zhengtai"), and Xingtai Shunke Smart City Construction Co., Ltd. (hereinafter referred to as "Xingtai Shunke") when they apply for comprehensive credit from banks and other financial institutions (including but not limited to working capital loans, fixed asset loans, project loans, acquisition loans, acceptance bills, bill discounting, letters of credit, factoring, guarantees, etc.). The forms of guarantees may include but are not limited to credit guarantees (including general guarantees, joint liability guarantees, etc.), mortgage guarantees, pledge guarantees, or a combination of various guarantee methods. The estimated guarantee amount will not exceed RMB 500 million. The validity period for the above guarantee amount is no more than 12 months from the date of approval by this board meeting, and this amount can be used in a revolving manner within the authorized scope.
Without exceeding the total guarantee amount, the Company will not submit each guarantee matter for separate board review. The Company may adjust the guarantee amounts for relevant subsidiaries within the total guarantee amount based on actual circumstances, and the actual guarantee amount will depend on the actual financing amounts of the guaranteed parties with banks and other financial institutions, subject to the final signed guarantee contracts. The board of directors authorizes the chairman of the Company and his designated agents to sign relevant legal documents and handle specific matters within the above limits on behalf of the Company. This guarantee matter has been approved by the 15th meeting of the 5th Board of Directors. According to the relevant provisions of the Shenzhen Stock Exchange's GEM Listing Rules, this guarantee matter is exempt from submission for shareholder meeting review.