Securities Code: 300237 Securities Abbreviation: ST Meichen Announcement No.: 2026-052
Shandong Meichen Technology Group Co., Ltd.
Announcement on Progress of Subsidiary Providing Guarantee for Parent Company
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed herein, and are free from any false records, misleading statements, or material omissions.
I. Overview of Guarantee Situation
Shandong Meichen Technology Group Co., Ltd. ("Meichen Technology" or "the Company") held its 18th meeting of the Sixth Board of Directors on April 22, 2026, and its 2025 Annual Shareholders' Meeting on May 15, 2025, respectively. The proposal "Regarding the Estimated Financing Credit Line and Guarantee Amount for 2026" was deliberated and approved. It was agreed that the Company and its subsidiaries within the consolidated financial statements would provide a guarantee limit of up to RMB 30,000,000 for Meichen Technology. The legal representative was authorized to sign guarantee agreements and other related documents within this authorized limit. The validity period extends from the date of approval by the 2025 Annual Shareholders' Meeting until the date the Company's next annual shareholders' meeting approves a new guarantee plan. For specific details, please refer to the relevant announcements disclosed by the Company on Juchao Information Network (www.cninfo.com.cn) on April 24, 2026, and May 15, 2026.
II. Progress of Guarantee
To meet the Company's operational and development needs, Shandong Meichen Industrial Group Co., Ltd. ("Meichen Industrial"), a wholly-owned subsidiary of the Company, signed the "Maximum Mortgage Contract" (Contract No.: Xingyin Tan Gao Di Zi 2026-303) (hereinafter referred to as "this Contract") with the Weifang Branch of Industrial Bank Co., Ltd. (hereinafter referred to as "Industrial Bank"). Meichen Industrial has provided a mortgage guarantee for the "Working Capital Loan Contract" (Contract No.: Xingyin Tan Jie Zi 2026-303) (hereinafter referred to as "the Main Contract") signed between Meichen Technology and Industrial Bank, using its real estate located at Xiwangmenzi, Mizhou Street, Zhucheng City, Weifang City, Shandong Province (Property Ownership Certificates No.: Lu (2018) Zhucheng City Real Estate Ownership No. 0003479, Jian Zi No. 370782201700092, Jian Zi No. 370782201700093). The total principal amount of the main debt is RMB 135,713,000.