Securities Code: 301563 Securities Abbreviation: Yunhan Core City Announcement No.: 2026-028 Yunhan Core City (Shanghai) Internet Technology Co., Ltd. Announcement on Progress of External Guarantees The Company and the Board of Directors guarantee that the information disclosed in this report is true, accurate, and complete, and that there are no false records, misleading statements, or material omissions.
Special Reminder: The party being guaranteed in this announcement is Yunhan Core City (Shanghai) Electronic Technology Co., Ltd. (hereinafter referred to as "Yunhan Electronics"), a wholly-owned subsidiary of Yunhan Core City (Shanghai) Internet Technology Co., Ltd. (hereinafter referred to as "the Company"). Its latest asset-liability ratio was 72.97%. After this guarantee, the balance of guarantees actually provided by the Company to Yunhan Electronics accounts for 101.74% of the Company's latest audited net assets.
I. Overview of Guarantee Situation The Company held the third meeting of the Fourth Board of Directors on April 13, 2026, and the 2025 Annual Shareholders' Meeting on May 15, 2026, and approved the "Proposal on the Estimated Limit of External Guarantees for 2026". In accordance with the 2026 operating plan and capital needs, and to support the business development of its subsidiaries (or sub-subsidiaries), the Company's Board of Directors agreed to provide a total credit line of no more than RMB 2,500,000 million (or equivalent foreign currency) in joint liability guarantees for its subsidiaries (or sub-subsidiaries). Among them, a total credit line of no more than RMB 200,000 million was provided for the credit line of its wholly-owned subsidiary Yunhan Electronics. The validity period of the above limit is 12 months from the date of approval by the shareholders' meeting. For details, please refer to the "Announcement on the Estimated Limit of External Guarantees for 2026" (Announcement No.: 2026-017) disclosed by the Company on thecninfo.com.cn website on April 15, 2026.
II. Progress of Guarantee Situation Recently, the Company signed a "Maximum Amount Guarantee Contract" with China CITIC Bank Corporation Limited Shanghai Branch (hereinafter referred to as "CITIC Bank"), providing a joint liability guarantee for the maximum principal amount of RMB 30,000 million for the loan applied by Yunhan Electronics from CITIC Bank. The Company signed a "Maximum Amount Guarantee Contract" with China Guangfa Bank Co., Ltd. Shanghai Branch (hereinafter referred to as "Guangfa Bank"), providing a joint liability guarantee for the maximum principal amount of RMB 10,000 million for the loan applied by Yunhan Electronics from Guangfa Bank. The Company signed a "Guarantee Contract" with Bank of Communications Co., Ltd. Shanghai Songjiang Branch (hereinafter referred to as "Bank of Communications"), providing a joint liability guarantee for the maximum principal amount of RMB 21,000 million for the loan applied by Yunhan Electronics from Bank of Communications.
After the three guarantees mentioned above (hereinafter referred to as "this guarantee"), the specific guarantee situation of the Company for Yunhan Electronics is as follows:
| Guarantor | Guaranteed Party | Guarantor's Shareholding Ratio | Latest Quarter's Asset-Liability Ratio | Approved Guarantee Limit (Previous) (RMB million) | Guarantee Balance (Before This Guarantee) (RMB million) | Guarantee Balance (After This Guarantee) (RMB million) | Remaining Available Guarantee Limit (RMB million) | Is it a Related Party Guarantee? |
|---|---|---|---|---|---|---|---|---|
| Company | Yunhan Electronics | 100% | 72.97% | 200,000 | 74,700 | 123,700 | 119,000 | No |
Note 1: Before this guarantee, the guarantee balance provided by the Company for Yunhan Electronics' financing from CITIC Bank was RMB 12,000 million, and the original guarantee contract has been terminated. This time, the Company provides a guarantee of RMB 30,000 million for Yunhan Electronics' financing from CITIC Bank. At the same time, this time the Company provides a guarantee of RMB 10,000 million for Yunhan Electronics' financing from Guangfa Bank and a guarantee of RMB 21,000 million for financing from Bank of Communications. As of now, the guarantee balance provided by the Company for Yunhan Electronics is RMB 123,700 million.