Beijing Yacon Wanruisi Information 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.
Overview of the Guarantee Situation
On April 27, 2026, the Company held the seventh meeting of the third Board of Directors and approved the proposal regarding the application for comprehensive credit from financial institutions for the year 2026 and acceptance of guarantees from related parties at the annual shareholders' meeting on May 20, 2026. According to the Company's operational plan for 2026, to meet the working capital needs for production and operation, the Company and its subsidiaries agreed to apply for a total comprehensive credit limit not exceeding RMB 2 billion (inclusive) from cooperating banks and financial leasing companies. The Company intends to apply for a credit limit not exceeding RMB 600 million (inclusive) from its cooperating financial institutions, with Mr. Xu Jiang, the actual controller of the Company, providing joint liability guarantees for the relevant credit. The wholly-owned subsidiary (limited to domestic wholly-owned subsidiaries) intends to apply for a total credit limit not exceeding RMB 1.4 billion (inclusive) from its cooperating financial institutions, with the Company and Mr. Xu Jiang providing joint liability guarantees for the relevant credit of the wholly-owned subsidiary. Among these, the guarantee limit for subsidiaries with a debt-to-asset ratio not exceeding 70% is not more than RMB 800 million, and for subsidiaries with a debt-to-asset ratio exceeding 70%, the guarantee limit is not more than RMB 600 million. For specific details, please refer to the relevant announcement published by the Company on the Giant Tide Information Network (www.cninfo.com.cn).