Meirui New Materials Co., Ltd. | Address: No. 35, Changsha Street, Yantai Development Zone | Phone: +86-535-3979898 | Website: www.miracll.com
Announcement No.: 2026-017
Meirui New Materials Co., Ltd. Announcement on Providing Guarantee Quota for Subsidiary
The company and all members of the board guarantee that the content of the information disclosure is true, accurate, and complete, without false records, misleading statements, or major omissions.
I. Overview of the Guarantee Situation
On March 28, 2026, the company held the 11th meeting of the 4th Board of Directors, where it reviewed and approved the proposal on providing a guarantee quota for its subsidiary. Related director Mr. Wang Renhong abstained from voting, and the sponsor institution issued a consent verification opinion. The above matter still needs to be submitted to the 2025 annual general meeting of shareholders for review.
To ensure the smooth operation of its subsidiary, Meirui Technology (Henan) Co., Ltd. (hereinafter referred to as "Meirui Technology"), the company intends to provide a guarantee quota of no more than 1.53 billion yuan. The scope of this quota includes but is not limited to Meirui Technology's applications for various loans, letters of credit, guarantees, bank acceptance bills, financing leases, factoring, accounts receivable financing, etc. The guarantees can be processed in installments, and the specific situation will depend on the actual approval limits set by banks and other financial institutions or commercial factoring companies, financing guarantee companies, and other local financial organizations. Each guarantee amount, method, and duration will be specified in the relevant contracts or documents. The validity period of the above guarantee quota will be from the date of approval by the 2025 annual general meeting of shareholders until the date of the 2026 annual general meeting of shareholders, and it can be reused within the quota.
The board has clearly considered the risks associated with changes in the subsidiary's financial status in the approved guarantee proposal and intends to request the shareholders' meeting to authorize the company's general manager and authorized personnel to execute guarantees within the quota based on actual conditions, handle specific guarantee matters, and sign relevant agreements, documents, and notifications, with the authorization period being the same as the validity period of the guarantee quota.
The following table outlines the expected situation for the guarantee quota provided: