300877SZSE

Announcement on Entrusting Loans

Jinchun Co., Ltd.··5 pages

✨ AI Summary

Anhui Jinchun Non-woven Fabric Co., Ltd. will entrust RMB 50 million in idle self-owned funds to Chuzhou Langya District Guokong Development Group Co., Ltd. for a term not exceeding one year at an annual interest rate of 4.9%. The loan is intended for the borrower's daily operations and is secured by a joint liability guarantee from Chuzhou Langya State-owned Assets Operation Co., Ltd. The company expects this to improve fund utilization efficiency without negatively impacting its operations or shareholder interests.

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Securities Code: 300877 Securities Abbreviation: Jinchun Shares Announcement No.: 2026-029

Anhui Jinchun Non-woven Fabric Co., Ltd. Announcement on Entrusting Loans

The Company and the 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.

I. Overview of Entrusted Loan Matters

(I) Basic Situation Anhui Jinchun Non-woven Fabric Co., Ltd. (hereinafter referred to as the "Company") intends to entrust Chuzhou Wannan Rural Commercial Bank Co., Ltd. Qingliu Branch to provide an entrusted loan of RMB 50 million to Chuzhou Langya District Guokong Development Group Co., Ltd. (hereinafter referred to as "Guokong Group") to improve the utilization efficiency of its own funds, while ensuring liquidity and fund safety. The loan term shall not exceed one year, with an annual interest rate of 4.9%, monthly interest payment, and principal repayment upon maturity. This entrusted loan uses the Company's own funds and does not involve the use of raised funds. The entrusted loan will be used for Guokong Group's daily operating activities.

(II) Deliberation Procedures This entrusted loan matter has been reviewed and approved by the Thirteenth Meeting of the Fourth Board of Directors of the Company. This matter does not require submission to the shareholders' meeting for deliberation.

(III) Explanation of Related Party Relationship This entrusted loan does not constitute a related-party transaction.

II. Introduction to the Basic Information of the Entrusted Loan Recipient

Company Name: Chuzhou Langya District Guokong Development Group Co., Ltd. Company Type: Limited Liability Company (Wholly State-owned) Unified Social Credit Code: 91341102MA8NJHDJON Registered Address: No. 99 Haohe Road, Langya District, Chuzhou City, Anhui Province Legal Representative: Liu Kangnan Registered Capital: RMB 1,000 million

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