Hai Xin Nengke: intends to provide a guarantee of 1.5 billion yuan for the credit line of a subsidiary.

Hai Xin Nengke announced that the company's holding subsidiary Shandong Sanju Bio-Energy Co., Ltd. intends to apply for comprehensive credit facilities from China CITIC Bank, with a comprehensive credit limit not exceeding 500 million yuan, of which the exposure limit does not exceed 150 million yuan. The company intends to provide joint and several liability guarantee for the exposure limit. Shandong Sanju will pay a guarantee fee of 0.5% of the actual guarantee amount, not exceeding a total of 750,000 yuan. Shandong Sanju has an asset-liability ratio of over 70%, and this guarantee matter still needs to be reviewed by the shareholders' meeting. After approval, the total amount of guarantees for the company and its holding subsidiaries will be 1.865 billion yuan, accounting for 34.60% of the net assets audited in the most recent period.