Overview of Guarantees
On March 18, 2026, the company held the 16th meeting of the fourth board of directors and on April 3, 2026, convened the third extraordinary general meeting of shareholders to review and approve the proposal regarding the estimated external guarantee limit for 2026. The company and its subsidiaries are authorized to apply for comprehensive credit from banks and other financial institutions, including but not limited to long-term and short-term loans, bank acceptance bills, bank guarantees, letters of credit, financing leases, factoring, and other banking services, with an estimated guarantee limit not exceeding RMB 5,000 million. For detailed content, please refer to the announcement published on March 18, 2026, on the Giant Tide Information Network (http://www.cninfo.com.cn) (Announcement No. 2026-014).