Securities Code: 300475 Securities Abbreviation: Xiangnong Xinchuang Announcement No.: 2026-047
Xiangnong Xinchuang Technology Co., Ltd.
Announcement on Progress of Guarantees Provided by Holding Subsidiary for its Wholly-Owned Subsidiary and Guarantees Received from Related Parties, and Related Party Transactions
The Company and the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed herein, and that there are no false representations, misleading statements, or material omissions.
Special Reminder:
- The current guarantee matter is for a loan applied for by Wuxi Haipu Storage Technology Co., Ltd. ("Wuxi Haipu"), a wholly-owned subsidiary of Haipu Xinchuang, a holding subsidiary of the Company. The guarantee is provided by Haipu Xinchuang and related parties Mr. Huang Zefei and Ms. Peng Hong. Haipu Xinchuang has completed its internal review procedures. The guarantee matter for Mr. Huang Zefei and Ms. Peng Hong falls within the scope of review of the 17th (Extraordinary) Meeting of the Fifth Board of Directors.
- The Company and its subsidiaries have no external guarantees outside the scope of consolidated financial statements, nor are there any overdue guarantees.
We kindly remind investors to be aware of and prevent risks.
I. Overview of Deliberation Matters
(I) Overview of Guarantee Deliberation Matters
Xiangnong Xinchuang Technology Co., Ltd. ("the Company") held the 15th (Extraordinary) Meeting of the Fifth Board of Directors on December 4, 2025, and the 2nd Extraordinary Shareholders' Meeting on December 23, 2025, respectively. The proposal "Regarding Application for Credit and Guarantee Quota for Wholly-Owned Subsidiary" was deliberated and approved. It was agreed that Haipu Xinchuang, a holding subsidiary of the Company, would provide guarantees for inter-entity mutual guarantees within its consolidated scope, with a quota not exceeding RMB 300 million (or equivalent foreign currency, excluding asset mortgage/pledge guarantees for daily related party transactions). The guarantee methods include, but are not limited to, general guarantees, joint and several liability guarantees, etc. Within the guarantee period, the aforementioned quota can be used cyclically. For details, please refer to the "Announcement on Application for Credit and Guarantee Quota for Wholly-Owned Subsidiary" (Announcement No.: 2025-097) and the "Announcement on the Resolution of the Second Extraordinary Shareholders' Meeting in 2025" (Announcement No.: 2025-104) disclosed by the Company on December 6, 2025, and December 23, 2025, in the Securities Times, Securities Daily, China Securities Journal, Shanghai Securities News, and Cninfo.com.cn.
(II) Overview of Deliberation Matters on Guarantees Provided by Related Parties and Related Party Transactions