Group 1 - The company will hold its 2025 Eighth Extraordinary General Meeting on December 15, 2025, at 14:50, with a combination of on-site voting and online voting [3][4][60] - The record date for shareholders to attend the meeting is December 10, 2025, and eligible shareholders can appoint proxies to attend and vote [5][60] - The meeting will discuss two main proposals: the use of surplus reserves to offset losses and the provision of a guarantee for a financing credit of 10 million yuan for a subsidiary [60][41][50] Group 2 - The company plans to use 83,015,164.70 yuan from surplus reserves and 1,171,706,382.33 yuan from capital reserves to cover cumulative losses amounting to 1,254,721,547.03 yuan as of December 31, 2024 [39][47] - The company has reported a cumulative undistributed profit of -1,254,721,547.03 yuan, primarily due to losses from previous years [46][39] - The proposal to use surplus and capital reserves to offset losses has been approved by the board and will be submitted for shareholder approval [42][48] Group 3 - The company will provide a joint liability guarantee for its subsidiary, Beijing Zhongshi Tongda, which is applying for a financing credit of up to 10 million yuan from Nanjing Bank [50][25] - The collateral for this guarantee includes real estate and land use rights valued at 26,132.53 million yuan as of July 14, 2025 [26][50] - The total amount of guarantees provided by the company and its subsidiaries will reach 94,100,000 yuan, which is 59.24% of the latest audited net assets [37][50]

Summary of Key Points Core Viewpoint - The company, Xilong Science Co., Ltd., has announced the progress of providing guarantees within the scope of consolidated financial statements for financing credit applications in 2025, with a total guarantee amount not exceeding RMB 3.75 billion. Group 1: Guarantee Overview - The company and its subsidiaries will provide guarantees for financing credit applications to financial institutions, with a total guarantee amount not exceeding RMB 3.75 billion for 2025 [2]. - The company will guarantee up to RMB 2.085 billion for its subsidiaries, with specific limits based on their asset-liability ratios: RMB 1.635 billion for subsidiaries with an asset-liability ratio of 70% or less, and RMB 450 million for those exceeding 70% [2]. - Subsidiaries will also provide guarantees for each other, totaling up to RMB 55 million, with similar asset-liability ratio conditions [2]. Group 2: Guarantee Progress - The company has signed a maximum guarantee contract with Huishang Bank Shenzhen Branch, providing a joint liability guarantee of up to RMB 13 million for Guangzhou Xilong Fine Chemical Technology Co., Ltd. [4]. - Another contract was signed with Huishang Bank Shenzhen Branch for Foshan Xilong Chemical Co., Ltd., also providing a joint liability guarantee of up to RMB 13 million [4]. - Guangzhou Xilong Innovation Park Management Co., Ltd. has signed a maximum guarantee contract with Guangzhou Huangpu Ronghe Village Bank, providing a joint liability guarantee of up to RMB 16 million for Guangzhou Xilong Fine Chemical Technology Co., Ltd. [4]. Group 3: Guarantee Agreement Details - The guarantees cover principal debts, interest, penalties, and other related costs, with a guarantee period of three years from the debt fulfillment date [6][7]. - The maximum guarantee amounts for the contracts with Huishang Bank are RMB 13 million each, while the contract with Guangzhou Huangpu Ronghe Village Bank has a maximum guarantee of RMB 16 million [6][8]. - As of the announcement date, the company and its subsidiaries have a total external guarantee amount of zero, with specific internal guarantees totaling RMB 870.16 million, RMB 757.77 million, and RMB 16 million for various subsidiaries [8].

Core Viewpoint - The company held its sixth extraordinary general meeting of shareholders in 2025, where several key proposals were discussed and approved, including changes to previous resolutions regarding financing guarantees for Shandong Huasu [2][10][13]. Group 1: Meeting Details - The meeting took place on September 16, 2025, at 14:50, combining both on-site and online voting methods [3][5]. - A total of 191 shareholders attended, representing 190,825,013 shares, which is 25.3377% of the total voting shares [7]. - The meeting was presided over by the company's president, as the chairman was unable to attend [5]. Group 2: Proposal Voting Results - The proposal to provide a guarantee for Shandong Huasu's financing application to Weihai Bank for 80 million yuan was approved with 99.0895% of votes in favor [10]. - The proposal to provide a guarantee for Shandong Huasu's financing application to Yantai Bank for 50 million yuan was approved with 99.1784% of votes in favor [13]. - The proposal to cancel the guarantee for Shandong Huasu's financing application to Hengfeng Bank was approved with 99.3806% of votes in favor [17]. - The proposal to provide a guarantee for Shandong Huasu's sale-leaseback financing leasing business was approved with 99.0938% of votes in favor [21]. Group 3: Legal Opinions - The legal opinion provided by Beijing Hairun Tianrui Law Firm confirmed that the meeting's procedures complied with relevant laws and regulations, ensuring the legality of the meeting and its resolutions [24].

Core Viewpoint - The company has approved an increase in the financing guarantee limit for its controlling subsidiaries, which is expected to support their business development and operational needs [1][2]. Group 1 - The fifth session of the company's supervisory board held on July 31, 2025, was conducted both in-person and via communication, with all three supervisors present [1]. - The supervisory board unanimously agreed to the proposal regarding the expected increase in the financing guarantee limit for controlling subsidiaries, with a voting result of 3 votes in favor, 0 against, and 0 abstentions [2]. - The proposed guarantees are deemed beneficial for addressing the funding needs of the subsidiaries and are within the company's control over their daily operations and financial risks [1][2]. Group 2 - The guarantee matters comply with relevant laws and regulations, including the Shenzhen Stock Exchange listing rules and the company's articles of association, ensuring that the decision-making process was legal and compliant [2]. - The supervisory board confirmed that the proposed guarantees would not adversely affect the company's normal operations or the interests of all shareholders [2].

Core Viewpoint - The company plans to provide a financing guarantee of up to 500 million RMB for its subsidiaries in 2025, with a specific limit of 480 million RMB for subsidiaries with a debt-to-asset ratio of 70% or higher, and 20 million RMB for those below this threshold [1][2][3] Summary by Sections Guarantee Overview - The proposed guarantee aims to support the daily operations and business development of the company's subsidiaries, enhancing their sustainable growth capabilities [1][2] - The total guarantee amount is expected to be within 8.11% of the company's latest audited net assets [1] Guarantee Scope and Method - The guarantee will cover various financial instruments, including bank credit, loans, letters of guarantee, and financing leases, with methods such as joint liability guarantees and collateral [2] - The guarantee period will last for 12 months from the approval date by the shareholders' meeting, and the guarantee amount can be reused within this timeframe [2] Approval and Compliance - The guarantee proposal requires approval from the shareholders' meeting and does not involve related party transactions or significant asset restructuring [3] Expected Guarantee Amounts - The expected guarantee amounts for subsidiaries are detailed, with a total of 500 million RMB planned, including 480 million RMB for high debt-to-asset ratio subsidiaries and 20 million RMB for lower ratio subsidiaries [3][4] Subsidiary Financials - Financial data for the subsidiaries indicate varying levels of assets, liabilities, and net profits, with specific figures provided for each subsidiary [5][6][7][8][9][10][11] - The subsidiaries are not classified as dishonest executors, indicating a stable credit status [5][6][7][8][9][10][11] Board's Opinion - The board believes that the proposed guarantees align with the operational needs of the subsidiaries and will enhance the efficiency and flexibility of the company's capital usage [12] - The company will conduct thorough assessments of the subsidiaries' repayment capabilities and project risks before proceeding with guarantees [12] Cumulative Guarantee Amounts - After the proposed guarantees, the total guarantee amount for the company and its subsidiaries will reach 1,407.26 million RMB, representing 22.82% of the company's latest audited net assets [12][13]