Announcement on Providing Guarantee for Comprehensive Credit Application of Wholly-Owned Subsidiary
Guangdong Shenling Environment System Co., Ltd. and all members of the board guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or major omissions.
Special Reminder: Guangdong Shenling Environment System Co., Ltd. intends to provide a guarantee for Gaozhou Shenling Special Air Conditioning Co., Ltd., which has a debt-to-asset ratio exceeding 70%. The aforementioned guarantee is provided for units within the scope of consolidated financial statements and is within the company's controllable range. Investors are advised to pay close attention and be aware of investment risks.
Guangdong Shenling Environment System Co., Ltd. (hereinafter referred to as "the Company" or "Shenling Environment") held the 17th meeting of the 4th Board of Directors on May 29, 2026, where it approved the proposal on providing a guarantee for the comprehensive credit application of its wholly-owned subsidiary. The relevant matters are announced as follows:
1. Overview of the Guarantee
Due to the needs of production operations and business expansion, the wholly-owned subsidiary Gaozhou Shenling Special Air Conditioning Co., Ltd. (hereinafter referred to as "Gaozhou Shenling") is accelerating the construction of the "Gaozhou Jinshan Industrial Park Shenling Gaozhou Phase II Smart Manufacturing Industrial Park Project." Based on the funding needs for the project, Gaozhou Shenling intends to apply for a comprehensive credit limit of no more than 169 million RMB (including 169 million RMB) from the Foshan Branch of China Merchants Bank Co., Ltd. (the comprehensive credit business content is fixed asset loans). To support the operational development of Gaozhou Shenling, the Company intends to provide a joint liability guarantee for the aforementioned comprehensive credit application. The validity period of this guarantee resolution is effective within 12 months from the date of approval by the board of directors (the guarantee amount and guarantee period shall be subject to the actual signed guarantee agreement). According to the relevant provisions of the "Shenzhen Stock Exchange GEM Stock Listing Rules," "Shenzhen Stock Exchange Listed Company Self-Regulatory Guidelines No. 2 - Standard Operation of GEM Listed Companies," and the "Articles of Association," the guarantee amount is within the approval authority of the board of directors and does not require submission to the shareholders' meeting for approval.