Announcement on Progress of Providing Guarantees for Subsidiaries
The company and all members of the board guarantee that the information disclosed is true, accurate, and complete, without false records, misleading statements, or significant omissions.
Special Risk Warning: Shanghai Jianfa Zhixin Medical Technology Group Co., Ltd. (hereinafter referred to as "the Company") and its controlling subsidiaries will provide guarantees totaling more than 100% of the Company's most recent audited net assets. The expected guarantee amount for controlling subsidiaries with a debt-to-asset ratio exceeding 70% is over 50% of the Company's most recent audited net assets. The aforementioned guarantees are for subsidiaries within the scope of the Company's consolidated financial statements, and the financial risks are within the Company's controllable range. Investors are advised to pay close attention to guarantee risks.
Overview of External Guarantees
According to the financial budget for 2026, combined with daily operations and business development needs, the Company and its consolidated subsidiaries (collectively referred to as "the Company") plan to apply for a comprehensive credit limit not exceeding 18 billion yuan from banks and other financial institutions in 2026. This comprehensive credit limit is effective from the date of approval by the Company's 2025 annual general meeting until the date of the Company's 2026 annual general meeting. For specific details, please refer to the announcement disclosed by the Company on April 21, 2026, on the Giant Tide Information Network (http://www.cninfo.com.cn).
Given that part of the credit limit involves financing from the Company's controlling subsidiaries, to ensure the subsidiaries can successfully apply for the credit limit, the Company held the 14th meeting of the third board of directors on April 17, 2026, and the 2025 annual general meeting on May 11, 2026, where it approved the proposal for the Company to provide guarantees for its subsidiaries in 2026. The total guarantee amount shall not exceed 9 billion yuan (including this amount), of which 8 billion yuan is for subsidiaries with a debt-to-asset ratio over 70%, and 1 billion yuan is for subsidiaries with a debt-to-asset ratio below 70%. The above guarantee limits include new guarantees and extensions or renewals of existing guarantees. Within the total guarantee limit, subsidiaries can adjust guarantee limits among themselves and can also provide guarantees for newly established subsidiaries. When a subsidiary (the recipient of the limit) has a debt-to-asset ratio exceeding 70%, the required adjusted guarantee limit can only be obtained from other subsidiaries (the provider of the limit) that also have a debt-to-asset ratio exceeding 70%. The above guarantee limits are effective from the date of approval by the Company's 2025 annual general meeting until the date of the Company's 2026 annual general meeting. During the effective period, the above guarantee limits can be reused, and the final actual guarantee amount shall not exceed the approved guarantee limit.
The types of business covered by the comprehensive credit guarantees include but are not limited to bank financing, bank acceptance bills, supply chain finance, and financing leasing. The specific guarantee methods, guarantee amounts, guarantee periods, and other terms involved in various financing credits and businesses shall be subject to the formally signed guarantee documents. For specific details, please refer to the announcement disclosed by the Company on April 21, 2026, on the Giant Tide Information Network (http://www.cninfo.com.cn).
Progress of This Guarantee
Recently, the Company and its controlling subsidiaries provided joint liability guarantees totaling 262 million yuan for the comprehensive credit limits applied by Fujian Del Medical Industry Co., Ltd., Jianfa Del (Beijing) Medical Technology Co., Ltd., Beijing Kangle Zhixin Supply Chain Management Co., Ltd., and Jianfa Zhixin (Guangzhou) Medical Supply Chain Management Co., Ltd. The specific guarantee situation is as follows: