Progress Announcement on Guarantees for Subsidiaries

Securities Code: 300284

Securities Abbreviation: Sujiao Ke

Announcement Number: 2026-051

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 herein, and there are no false records, misleading statements, or material omissions.

I. Overview of Guarantee Situation

Sujiao Ke Group Co., Ltd. (hereinafter referred to as the "Company" or "Sujiao Ke") held its twelfth meeting of the Sixth Board of Directors on April 25, 2026, and its 2025 Annual Shareholders' Meeting on May 22, 2026. The meetings deliberated and approved the "Proposal on the Company and its Subsidiaries Applying for Integrated Credit Lines and External Guarantee Limits in 2026". It was agreed that the Company and its subsidiaries would apply for an integrated credit line of no more than RMB 13 billion from banks in 2026. The Company or its subsidiaries would provide guarantees for the integrated credit line applied by some subsidiaries within the consolidated financial statements, with a total limit not exceeding RMB 2.1795 billion. Among these, the guarantee limit for subsidiaries with an asset-liability ratio greater than or equal to 70% would not exceed RMB 447.5 million. The guarantee limit can be used cyclically within its validity period. The actual outstanding guarantee balance at any point in time shall not exceed the aforementioned limit. Guarantee methods include, but are not limited to, guarantees, mortgages, and pledges. Meanwhile, without exceeding the total guarantee limit, the guarantee limit can be adjusted among subsidiaries (including newly established subsidiaries) within the consolidated financial statements. The actual guarantee amount shall be subject to the finally signed guarantee contract. The Shareholders' Meeting authorized the Company's Board of Directors, and the Board of Directors further authorized the President to sign relevant legal documents within the aforementioned total guarantee limit. The authorization period is from the date of approval by the Company's 2025 Annual Shareholders' Meeting to the date of the 2026 Annual Shareholders' Meeting. For details, please refer to the "Announcement on the Company and its Subsidiaries Applying for Integrated Credit Lines and External Guarantee Limits in 2026" disclosed by the Company on April 28, 2026 (Announcement Number: 2026-028).

II. Progress of Guarantees

In July 2026, the Company and its subsidiaries provided guarantees totaling RMB 5.5954 million for some subsidiaries within the consolidated financial statements with an asset-liability ratio of less than 70%. This guarantee is within the scope of the guarantee limit approved by the Company's 2025 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: