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: The total amount of guarantees provided by the company and its controlling subsidiaries exceeds 100% of the most recent audited net assets, and the guarantee amount for units with a debt-to-asset ratio exceeding 70% exceeds 50% of the most recent audited net assets of the listed company. Investors are advised to pay close attention to guarantee risks.
Shenzhen Xinyuan Environmental Technology Co., Ltd. (hereinafter referred to as "the Company") held the 22nd meeting of the 6th Board of Directors on May 27, 2026, which approved the proposal on the provision of guarantees for subsidiaries with 11 votes in favor, 0 votes against, and 0 abstentions. The details are as follows:
I. Overview of Guarantee Matters
Guarantee One: The company's controlling subsidiary, Qiongzhong Xinsanyuan Water Investment Management Co., Ltd. (hereinafter referred to as "Xinsanyuan"), has applied for project financing of RMB 900 million from the Agricultural Development Bank of China Qiongzhong Branch (hereinafter referred to as "ADB Qiongzhong Branch") for the PPP project of water environment governance in Fumei Village, Qiongzhong Li Autonomous County (hereinafter referred to as "Qiongzhong PPP Project"). At the request of ADB Qiongzhong Branch, the company has provided a joint liability guarantee for Xinsanyuan's loan with a principal balance not exceeding RMB 635.59 million. For specific details, please refer to the announcements disclosed by the company on April 25, 2017, and May 21, 2019, on the China Securities Regulatory Commission's designated information disclosure website, Juchao Information Network (Announcement No.: 2017-041, 2019-096). As of now, the actual loan balance of Xinsanyuan at ADB Qiongzhong Branch is RMB 143.1675 million. To alleviate the financial pressure of the project's loan repayment, Xinsanyuan intends to apply to ADB Qiongzhong Branch for an adjustment of the principal repayment for each period, which does not involve the total repayment principal, repayment time, or repayment term. At the request of ADB Qiongzhong Branch, the company intends to provide an additional joint liability guarantee for Xinsanyuan's financing at ADB Qiongzhong Branch, adjusting the guarantee scope from a maximum of RMB 635.59 million for principal and its interest and fees to a maximum of RMB 900 million for principal and its interest and fees, with the guarantee period subject to the signed contract. If Xinsanyuan obtains additional financing loans, the company will separately submit them for board or shareholder meeting review, which will not occupy the aforementioned guarantee limit.