Securities Code: 300284 Securities Abbreviation: Sujiao Ke Announcement No.: 2026-018
Sujiao Ke Group Co., Ltd. Announcement on Progress of Guarantees for Subsidiaries
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and have no false records, misleading statements, or major omissions.
I. Overview of Guarantees
Sujiao Ke Group Co., Ltd. (hereinafter referred to as the "Company" or "Sujiao Ke") held the Third Meeting of the Sixth Board of Directors and the Second Meeting of the Sixth Supervisory Board on April 12, 2025, and the 2024 Annual Shareholders' Meeting on May 9, 2025. The proposal "Regarding the Company and its Subsidiaries' Application for Comprehensive Credit Lines and External Guarantee Limits in 2025" was deliberated and approved. It was agreed that the Company and its subsidiaries would apply for a comprehensive credit line of no more than RMB 12.3 billion from banks in 2025. The Company or its subsidiaries would provide guarantees for some subsidiaries within the consolidated financial statements applying for comprehensive credit business from banks, with an estimated total limit of no more than RMB 2.12922 billion. Among them, the guarantee limit for subsidiaries with a liability-to-asset ratio greater than or equal to 70% would not exceed RMB 475.5 million. The guarantee limit can be used in a revolving manner within the validity period, and the actual outstanding guarantee balance at any point in time shall not exceed the aforementioned limit. The guarantee methods include, but are not limited to, guarantees, mortgages, pledges, etc. Meanwhile, without exceeding the total guarantee limit, the guarantee limit can be adjusted among subsidiaries within the consolidated financial statements (including newly added or newly established subsidiaries). The actual guarantee amount shall be subject to the finally signed guarantee contract. The shareholders' meeting is requested to authorize the Company's Board of Directors, which may further authorize the President, to sign the relevant legal documents within the aforementioned comprehensive credit line. The authorization period is from the date of approval by the Company's 2024 Annual Shareholders' Meeting to the date of the 2025 Annual Shareholders' Meeting. For details, please refer to the "Announcement on the Company and its Subsidiaries' Application for Comprehensive Credit Lines and External Guarantee Limits in 2025" (Announcement No.: 2025-019) disclosed by the Company on April 15, 2025.
II. Progress of Guarantees
In February 2026, the Company and its subsidiaries provided guarantees totaling RMB 2.7363 million for some subsidiaries within the consolidated financial statements with a liability-to-asset ratio of less than 70%. This guarantee is within the scope of the guarantee limit approved by the Company's 2024 Annual Shareholders' Meeting and does not require separate approval from the Company's Board of Directors or Shareholders' Meeting. The specific situation is as follows: