Huazi Technology Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.
1. Overview of Guarantees
On January 22, 2026, the Company held the 17th meeting of the 5th Board of Directors, and on February 9, 2026, it convened the first extraordinary general meeting of shareholders in 2026, which approved the proposal regarding the application for comprehensive credit limits and guarantee limits for financial institutions and similar financial enterprises in 2026. The Company and its wholly-owned subsidiaries, holding subsidiaries, and their subordinate companies are authorized to apply for a total comprehensive credit limit not exceeding 4 billion RMB for 2026. To ensure the smooth completion of the comprehensive credit financing plan, the Company and its wholly-owned subsidiaries, holding subsidiaries intend to provide guarantees not exceeding 1 billion RMB for the consolidated scope of wholly-owned subsidiaries, holding subsidiaries, and their subordinate companies in 2026. The specific credit and guarantee amounts will be subject to the agreements signed between the Company and the relevant financial institutions and similar financial enterprises. For detailed content, please refer to the announcements published by the Company on the designated information disclosure media of the China Securities Regulatory Commission, Juchao Information Network, on January 23, 2026, and February 9, 2026 (Announcement No.: 2026-001, 2026-002, 2026-006).
2. Progress of Guarantees
Given that the holding subsidiary Hunan Glaite New Energy Development Co., Ltd. (hereinafter referred to as "Glaite New Energy") applied for a 10 million RMB working capital loan from the Changsha Kaifu Branch of Bank of China Co., Ltd. (hereinafter referred to as "Bank of China Kaifu Branch"), and the holding subsidiary Hunan Huazi Operation and Maintenance Technology Service Co., Ltd. (hereinafter referred to as "Huazi Operation and Maintenance") applied for a 10 million RMB comprehensive credit from the Lugu Branch of China Everbright Bank Co., Ltd. (hereinafter referred to as "Everbright Bank Lugu Branch"), to ensure the business development and operational stability of Glaite New Energy and Huazi Operation and Maintenance, the Company recently signed "Maximum Guarantee Contracts" with Bank of China Kaifu Branch and Everbright Bank Lugu Branch, providing joint liability guarantee for the aforementioned holding subsidiaries' bank credits. Other shareholders of Glaite New Energy and Huazi Operation and Maintenance will provide joint liability counter-guarantees to the Company in proportion to their contributions within the aforementioned maximum guarantee amount. The guarantee situation for Glaite New Energy and Huazi Operation and Maintenance is shown in the table below: