300475SZSE
🚨 Material Event

Announcement on Progress of Guarantees for Wholly-owned Subsidiaries and Guarantees Received from Related Parties and Related Party Transactions

✨ AI Summary

This announcement details the progress of guarantees provided by Sunan Xin Chuang Technology Co., Ltd. for its wholly-owned subsidiaries and guarantees received from related parties. The company has provided guarantees totaling RMB 134.22 billion for its subsidiaries, representing 375.46% of its 2025 audited net assets. Related parties, Mr. Huang Zewei and Ms. Peng Hong, have provided guarantees totaling RMB 222.89 billion and RMB 217.16 billion respectively.

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Full Translation

AI Translation· gemini_document

Securities Code: 300475

Securities Abbreviation: Sunan Xin Chuang

Announcement No.: 2026-072

Sunan Xin Chuang Technology Co., Ltd.

Announcement on Progress of Guarantees for Wholly-owned Subsidiaries and Guarantees Received from Related Parties and Related Party Transactions

The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free from any false representations, misleading statements, or material omissions.

Special Reminder:

  1. As of the date of this announcement, based on the maximum principal guarantee amount of RMB 100 million for this instance, Sunan Xin Chuang Technology Co., Ltd. (hereinafter referred to as the "Company") has accumulated guarantee contracts for its subsidiaries (including counter-guarantees; composite guarantees for the same debt are counted only once. The same applies below) totaling RMB 13.422 billion (the exchange rate for USD contracts is calculated based on the midpoint exchange rate of RMB to USD 1:6.7878 announced by the People's Bank of China on August 14, 2026, excluding guarantees provided by subsidiaries). This amount represents 375.46% of the Company's net assets audited for 2025.

Among these, the Company has provided guarantees totaling RMB 200 million for its wholly-owned subsidiary Sunan Xin Chuang Hong Kong Technology Co., Ltd. (hereinafter referred to as "Sunan Xin Chuang Hong Kong").

  1. The Company and its subsidiaries have no external guarantee matters outside the scope of the consolidated financial statements, nor are there any overdue guarantees.

Investors are kindly reminded to be aware of and guard against risks.

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