The company and all members of the board guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
Overview of Guarantees
On March 30, 2026, the company held the 27th meeting of the 5th Board of Directors, where it reviewed and approved the proposal regarding the estimated guarantee limit for controlling subsidiaries in 2026. The company agreed to provide a total guarantee limit of no more than RMB 200 million for the following controlling subsidiaries: Chengdu Andison Fluid Technology Co., Ltd., Houp Clean Energy Group Energy Equipment Co., Ltd., Houp Smart IoT Technology Co., Ltd., Sichuan Ji Qi Rui Aviation Equipment Co., Ltd., Chengdu Houp Hydrogen Energy Technology Co., Ltd., Houp Clean Energy Group Chengdu Technology Service Co., Ltd., Houp Clean Energy Group International Engineering Equipment Co., Ltd., Houp Clean Energy Group Engineering Technology Co., Ltd., and Chengdu Houp Low Temperature Equipment Co., Ltd. The guarantees will be applied for comprehensive credit from banks and other financial institutions (including loans, bank acceptance bills, commercial acceptance bills, letters of credit, guarantees, etc.). Among this total, the guarantee limit for subsidiaries with a debt-to-asset ratio below 70% will not exceed RMB 100 million, while the limit for wholly-owned subsidiaries with a debt-to-asset ratio of 70% or above will also not exceed RMB 100 million. The usage period for these limits will not exceed twelve months from the date of approval by the board, and the actual guarantee limits can be used in a revolving manner within the authorized scope during this period.