Xinjiang Tianye: In 2026, it plans to provide a guarantee of 2.452 billion yuan for its subsidiary's bank loans.

Xinjiang Tianye announced that the company plans to provide guarantees for the cumulative bank borrowings of its holding subsidiary not exceeding 2.452 billion yuan by 2026. Among them, 562 million yuan will be provided as guarantees for subsidiaries with an asset liability ratio of less than 70%; and 1.89 billion yuan will be provided as guarantees for Tianchen Chemical, which has an asset liability ratio exceeding 70%. The guarantees are free of charge, do not require counter-guarantees, and the amount can be adjusted among similar subsidiaries. The plan has been reviewed and approved by the board of directors, and still needs to be approved by the shareholders' meeting. As of the date of the announcement, the actual cumulative external guarantees balance of the company is 5.818 billion yuan, accounting for 62.41% of the audited net assets in 2024, with no overdue guarantees.