Announcement on Progress of Financing Lease Business by Company and Wholly-owned Subsidiary and Progress of Company Providing Guarantee for Wholly-owned Subsidiary
The company and its board of directors guarantee the truthfulness, accuracy, and completeness of the information disclosed herein, and that there are no false records, misleading statements, or material omissions.
Special Reminder:
The total amount of guarantees provided by协创数据技术股份有限公司 (hereinafter referred to as the "Company") and its holding subsidiaries to external parties exceeds 100% of the Company's net assets as audited most recently. The aforementioned guarantees are all for entities within the consolidated financial statements, which are within the Company's controllable scope. Investors are kindly requested to pay close attention to investment risks.
I. Overview of Financing Lease and Guarantee Situation
(I) Overview of Financing Lease Situation
On March 13, 2026, the Company convened the twelfth meeting of the fourth Board of Directors, and on April 8, 2026, convened the 2025 Annual Shareholders' Meeting, and deliberated and approved the "Proposal on the Company and its Subsidiaries Applying for Credit Lines from Banks and Other Financial or Non-financial Institutions and Carrying Out Financing Lease Business." To ensure the smooth development of the Company's and its subsidiaries' financing lease business and to broaden other financing channels and optimize the debt structure, the Company and its subsidiaries plan to apply for a total credit line not exceeding RMB 80 billion or its equivalent in foreign currency from banks and other financial or non-financial institutions. The effective period of this credit line will be from the date of approval by the Company's 2025 Annual Shareholders' Meeting until the date of the 2026 Annual Shareholders' Meeting (the credit institutions, credit lines, and credit periods will be subject to the final approval of the banks and other financial or non-financial institutions). This credit line can be used in a revolving manner within its validity period. Within this credit line, the Company and its subsidiaries can provide collateral, pledge, or other guarantees with their assets, and agree to accept guarantees provided by the Company and its subsidiaries within the consolidated financial statements for the Company and its subsidiaries. The credit products applied for this time include, but are not limited to, financing leases and fixed-asset loans. The specific credit products, allocation of credit lines, periods, interest rates, fees, and related conditions for collateral, pledge, and guarantees will be determined through negotiation between the Company and the final credit banks and other financial or non-financial institutions, and will be subject to the agreements signed by all parties. For details, please refer to the "Announcement on the Company and its Subsidiaries Applying for Credit Lines from Banks and Other Financial or Non-financial Institutions and Carrying Out Financing Lease Business" disclosed by the Company on the Juchao Information Network (www.cninfo.com.cn) on March 17, 2026.
(II) Overview of Guarantee Situation
On March 13, 2026, the Company convened the twelfth meeting of the fourth Board of Directors, and on April 8, 2026, convened the 2025 Annual Shareholders' Meeting, and deliberated and approved the "Proposal on the Company and its Subsidiaries Applying for Comprehensive Credit Lines from Banks and Other Financial or Non-financial Institutions in 2026 and Related Guarantees." It was agreed that the Company and its subsidiaries would apply for a total credit line not exceeding RMB 20 billion or its equivalent in foreign currency from banks and other financial or non-financial institutions. The credit line period will be from the date of approval by the Company's 2025 Annual Shareholders' Meeting until the date of the 2026 Annual Shareholders' Meeting (the credit banks, credit lines, and credit periods will be subject to the final approval of the banks and other financial or non-financial institutions). The credit line under this credit line can be used in a revolving manner, and the Company agrees to accept guarantees provided by its subsidiaries within the consolidated financial statements for the Company within this credit line.