Overview of Guarantees
Jiangsu Feilida International Logistics Co., Ltd. (hereinafter referred to as "the Company") held the 14th meeting of the 6th Board of Directors on April 17, 2025, and the 2024 Annual General Meeting on May 16, 2025, where it approved the proposal to provide non-financial guarantees for its wholly-owned and controlling subsidiaries within the consolidated financial statements. The total guarantee amount shall not exceed RMB 220 million. Among these, the guarantee amount for subsidiaries with a debt-to-asset ratio of 70% or higher is RMB 150 million, while for subsidiaries with a debt-to-asset ratio below 70%, it is RMB 70 million. The validity period of the guarantee amount is from the date of approval at the 2024 Annual General Meeting until the date of the 2025 Annual General Meeting. The Company authorizes the Chairman to sign guarantee contracts and related legal documents within the effective period of the above amounts without convening another board meeting, and the Company will fulfill its information disclosure obligations according to relevant laws and regulations. For specific details, please refer to the announcement disclosed on April 19, 2025, on the Giant Tide Information Network (Announcement No.: 2025-013).