牧高笛户外用品股份有限公司关于担保额度调剂及为全资子公司提供担保的进展公告

Core Viewpoint - The company has provided a guarantee of 50 million RMB for its wholly-owned subsidiary, Ningbo Daxia Development Zone Mugaodi Trading Co., Ltd., to fulfill its debt obligations to CITIC Bank Co., Ltd. Quzhou Branch, without any counter-guarantee [2][7]. Group 1: Guarantee Details - The company approved a total guarantee limit of up to 2 billion RMB for its subsidiaries during a board meeting held on April 25, 2025, allowing for internal adjustments based on operational needs [3]. - The company plans to reallocate the unused guarantee limit of 50 million RMB from its subsidiary, Zhejiang Mugaodi Outdoor Products Co., Ltd., to Ningbo Daxia Development Zone Mugaodi Trading Co., Ltd. while keeping the total guarantee limit unchanged [4]. Group 2: Guarantee Agreement - The guarantor is Mugaodi Outdoor Products Co., Ltd., and the creditor is CITIC Bank Co., Ltd. Quzhou Branch, with the debtor being Ningbo Daxia Development Zone Mugaodi Trading Co., Ltd. [7]. - The guarantee covers the principal debt, interest, penalties, and all related costs, with a guarantee amount of 50 million RMB and a guarantee period of three years from the debt fulfillment deadline [7]. Group 3: Board Opinion and Risk Assessment - The board believes that the guarantee is necessary to meet the operational needs of the subsidiary and is within the approved limits, ensuring no harm to the company or its shareholders [8]. - As of January 2026, the total amount of guarantees provided by the company is 1.554 billion RMB, which accounts for 273.96% of the company's latest audited net assets, with no overdue guarantees [8].