Securities Code: 300266 Securities Abbreviation: Xingyuan Environment Announcement No.: 2026-018 Xingyuan Environment Technology Co., Ltd. Announcement on Guarantee by Related Party for Company and Subsidiaries and Counter-Guarantee by Company and Subsidiaries for Related Party
The Company and the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or major omissions.
Xingyuan Environment Technology Co., Ltd. (hereinafter referred to as the "Company") held the 18th meeting of the Sixth Board of Directors on March 6, 2026. The meeting, with 11 votes in favor, 0 votes against, and 0 abstentions, approved the "Proposal on Guarantee by Related Party for Company and Subsidiaries and Counter-Guarantee by Company and Subsidiaries for Related Party, and Related Party Transaction." The details are as follows:
I. Overview of Related Party Transaction
To ensure the Company's daily operating capital needs, Ningbo Xingfeng Guoye Equity Investment Co., Ltd. (hereinafter referred to as "Xingfeng Guoye") intends to provide joint liability guarantee for bank loans or other financing that the Company and its subsidiaries (the specific entities to be guaranteed will be determined based on actual financing needs) may incur. The scope of the guarantee is for the principal balance not exceeding RMB 190 million, plus interest and fees. To protect the interests of the guarantor, the Company and its subsidiaries will provide counter-guarantees to Xingfeng Guoye by way of fixed asset mortgage and pledge of future receivables from some projects (after deducting the balance of project loan principal and interest repayment). Concurrently, the Company will provide a joint liability counter-guarantee of equivalent amount to Xingfeng Guoye. The validity period of the counter-guarantee amount is 12 months from the date of approval by the shareholders' meeting. Specific guarantee and counter-guarantee contracts will be determined based on the financing contracts signed by the Company and its subsidiaries with financial institutions.
According to the "Listing Rules of the Shenzhen Stock Exchange ChiNext Market," Xingfeng Guoye is a related legal person of the Company. The above transaction constitutes a related-party transaction and does not constitute a major asset restructuring as stipulated in the "Measures for the Administration of Major Asset Restructuring of Listed Companies." It does not require approval from relevant authorities.