湘财股份有限公司关于对外担保的进展公告

Core Viewpoint - The company has provided guarantees for its wholly-owned subsidiary, Hainan Zhecai, to support its financing needs, ensuring the subsidiary's operational stability and long-term development [6][7]. Group 1: Guarantee Details - Hainan Zhecai signed a domestic letter of credit contract with Hainan Bank for a credit limit of RMB 70 million, with a one-year credit period [1]. - The company has signed a maximum guarantee contract and a pledge contract with Hainan Bank, providing joint liability guarantees for the principal and interest of the credit, with a total pledge guarantee not exceeding RMB 84 million [1]. - A supplementary agreement was signed to extend the usage period of the comprehensive credit contract to December 31, 2026, while maintaining the same guarantee amount and methods [2]. Group 2: Internal Decision-Making Process - The company’s board of directors and the annual general meeting approved a total guarantee amount not exceeding RMB 980 million for its subsidiaries [2]. - The authorization for providing guarantees is valid from the approval date until the next annual general meeting [2]. Group 3: Guarantee Necessity and Reasonableness - The guarantees are aimed at meeting the daily operational funding needs of the subsidiary, which is expected to contribute positively to the company's long-term growth [6]. - Hainan Zhecai has a good asset quality and no significant litigation or arbitration issues, indicating a strong repayment capability [6]. Group 4: Cumulative Guarantee Situation - As of the announcement date, the total external guarantees provided by the company and its subsidiaries amount to RMB 980 million, all for controlling subsidiaries [8]. - The actual guarantee balance, excluding this instance, is RMB 174.53 million, representing 8.29% of the latest audited net assets attributable to shareholders [8].