Gold digger: Intends to sign a guarantee contract, with the company and related parties providing guarantees exceeding 30 million.

The announcement by Jinkaoko stated that the company and its controlling shareholder and actual controller, Li Zheng and Chen Kun, are planning to sign guarantee contracts in the near future. The company plans to provide guarantees for a comprehensive credit line of 10 million yuan for its subsidiary Yin Yue Bang; Li Zheng and Chen Kun plan to provide guarantees for 5 million yuan of loans from China Construction Bank and 10 million yuan of loans from Bank of China, respectively. The company had a guarantee balance of 167.42 million yuan for its subsidiaries before, and it will increase to 177.42 million yuan after this time; Li Zheng's guarantee balance will increase from 280.62 million yuan to 295.62 million yuan, and Chen Kun's will increase from 131.62 million yuan to 146.62 million yuan. The board of directors believes that the guarantee risk is controllable and will not harm the interests of the company and shareholders.