浙江皇马科技股份有限公司关于为全资子公司提供担保的进展公告

Core Viewpoint - Zhejiang Huama Technology Co., Ltd. is providing a guarantee for its wholly-owned subsidiary, Huama Kaimike High Polymer Materials Co., Ltd., to secure a loan of 100 million RMB for project construction, with a loan term until 2034 [1][2]. Group 1: Guarantee Details - The guarantee is for a fixed asset loan contract signed with Industrial and Commercial Bank of China, with the loan amount set at 100 million RMB [1][2]. - The guarantee is structured as a joint liability guarantee without any counter-guarantee [2][4]. - The maximum guarantee amount for the subsidiary is estimated at 1.7 billion RMB, with a total of 2 billion RMB for all subsidiaries [3]. Group 2: Internal Decision-Making - The decision to provide the guarantee was approved unanimously by the board of directors on April 16, 2025, and subsequently ratified by the annual shareholders' meeting in 2024 [3][6]. - The board believes that the guarantee will not adversely affect the company's operations or financial stability [6]. Group 3: Necessity and Reasonableness of the Guarantee - The guarantee is deemed necessary to support the operational activities of the subsidiary during a critical project construction phase, with no significant litigation or debt risks identified [5]. - The guarantee is expected to facilitate the rational allocation of resources within the company group [5]. Group 4: Current Guarantee Status - As of the announcement date, the total external guarantees provided by the company and its subsidiaries amount to 500 million RMB, with no overdue guarantees reported [7].