Guolian Securities Underwriting and Sponsorship Co., Ltd. Review of Wuhan Huakang Century Pure Technology Co., Ltd.'s Guarantee for Subsidiary's Bank Credit Application
Guolian Securities Underwriting and Sponsorship Co., Ltd. (hereinafter referred to as "Guolian Securities" or "Sponsor") is the sponsor for Wuhan Huakang Century Pure Technology Co., Ltd. (hereinafter referred to as "Huakang Pure Technology" or "the Company") for its initial public offering of shares on the ChiNext market in 2022 and its convertible corporate bonds issuance to unspecified targets in 2024. In accordance with the "Company Law," the "ChiNext Market Stock Listing Rules of the Shenzhen Stock Exchange," and the "Shenzhen Stock Exchange Listed Company Self-Regulatory Management Guidelines No. 2 - Norms for Operation of ChiNext Market Listed Companies," etc., the Company has investigated the matter of the Company providing guarantees for its subsidiaries' bank credit applications. The details of the investigation are as follows:
I. Overview of Guarantee Matters
To meet the operating and development needs of its subsidiaries, the Company plans to provide joint liability guarantees for the comprehensive credit line applied for by its consolidated subsidiaries, Hubei Feige Medical Technology Co., Ltd. (hereinafter referred to as "Hubei Feige") and Wuhan Optics Valley Great Health Medical Services Co., Ltd. (hereinafter referred to as "Optics Valley Great Health"), with a total amount not exceeding RMB 800 million (inclusive). The guarantee amount can be used flexibly within its validity period and can be allocated among the guaranteed entities.
Within this limit, the Company will no longer submit separate shareholder meeting reviews for each guarantee matter. The Company hereby requests the shareholders' meeting to authorize the Company's Chairman or their authorized representative to sign relevant bank legal documents and handle related procedures. The authorization period and the validity period of the guarantee amount shall be one year from the date of the shareholders' meeting approval.
In accordance with the "ChiNext Market Stock Listing Rules of the Shenzhen Stock Exchange," the "Articles of Association," and the "External Guarantee Management System," etc., this matter requires submission to the shareholders' meeting for review.
The Company plans to provide guarantees to the guaranteed entities within the aforementioned guarantee amount and validity period as detailed below:
| Guarantor | Guaranteed Party | Shareholding Ratio | Latest Balance Sheet Asset-Liability Ratio (%) | Outstanding Guarantee Balance (RMB million) | New Guarantee Amount (RMB million) | New Guarantee Amount as a Percentage of Listed Company's Latest Net Assets (%) | Related Party Guarantee |
|---|---|---|---|---|---|---|---|
| Company | Hubei Feige | 100% | 54.59% | 4,480.00 | 40,000 | 22.24% | No |
| Company | Optics Valley Great Health | 80% | 21.91% | 2,892.07 | 40,000 | 22.24% | No |
Note: The asset-liability ratio of the guaranteed party in the latest period is as of September 30, 2025.
II. Basic Information of Guaranteed Parties