600751: Hna Technology Co.Ltd(600751) notice on the progress of litigation on providing guarantee for related parties (1)

Securities code: 600751 900938 securities abbreviation: Hna Technology Co.Ltd(600751) Haike B No.: lin2022-007 Hna Technology Co.Ltd(600751)

Announcement on litigation progress of providing guarantee for related parties

The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.

Important content tips:

The litigation stage of the case: the execution stage.

The party status of the listed company: the person subjected to execution.

Amount involved in litigation: RMB 91250000, interest and execution fee.

Whether it will have a negative impact on the profits and losses of listed companies: as of December 31, 2020, the company has accrued a total financial guarantee contract loss of 166 million yuan for the guarantees involved in this announcement. The final amount of the company’s profit and loss in 2021 will be subject to the audited amount in the company’s 2021 annual report.

As the litigation of listed companies providing guarantees for related parties is in the implementation stage, the company’s assets may be deducted at any time. Please pay attention to the investment risks.

Hna Technology Co.Ltd(600751) (hereinafter referred to as “the company” or “the guarantor”) recently received the execution ruling (2021) qiong96zhi No. 933, (2021 qiong96zhi No. 934), (2021) qiong96zhi No. 935, (2021) qiong96zhi No. 936, (2021) qiong96zhi No. 937) made by the first intermediate people’s Court of Hainan Province. The specific contents are announced as follows:

1、 Basic information

The letter of guarantee (hereinafter referred to as “the letter of guarantee”) signed by the company and the International Leasing Company Limited on October 2, 2018, Provide irrevocable joint and several liability guarantee for the debt repayment obligation of RMB 166905706.24 undertaken by HNA Group Co., Ltd. under the mediation agreement (No. sgil328.2016.001-h) signed between HNA Group Co., Ltd. and State Grid leasing and the civil mediation statement (case No. (2018) jinminchu No. 36. The guarantee period is the above mediation agreement 2 years from the date of expiration of the debt performance period under the civil mediation agreement. For details, see the announcement on providing guarantees to related parties within the mutual insurance limit (p.2018-126) disclosed by the company on October 12, 2018.

After receiving the execution notice of Hainan first intermediate people’s Court (2020) Qiong 96 No. 169, the company disclosed the announcement on guarantee progress and litigation involved (pro 2020-005) on March 31, 2020. According to the above execution notice, the company, HNA Group Co., Ltd. and HNA Industrial Group Co., Ltd. are the Executees, The applicant shall pay the relevant amount of RMB 22 million, interest and execution fee to State Grid International Financial Leasing Co., Ltd.

2、 Litigation cases

Applicant: State Grid International Financial Leasing Co., Ltd

Executees: HNA Group Co., Ltd., HNA Industrial Group Co., Ltd., Hna Technology Co.Ltd(600751)

(I) execution ruling (2021) Qiong 96zhi No. 933

Freeze and transfer the deposits of RMB 18250000, interest and execution fee of the executed HNA Group Co., Ltd., HNA Industrial Group Co., Ltd., Hna Technology Co.Ltd(600751) in banks or other financial institutions; Or seal up, distrain, freeze or deduct the property of its corresponding value.

This ruling shall be enforced immediately.

(II) execution ruling (2021) Qiong 96zhi No. 934

Freeze and transfer the deposits of RMB 18250000, interest and execution fee of the executed HNA Group Co., Ltd., HNA Industrial Group Co., Ltd., Hna Technology Co.Ltd(600751) in banks or other financial institutions; Or seal up, distrain, freeze or deduct the property of its corresponding value.

This ruling shall be enforced immediately.

(III) execution ruling (2021) Qiong 96zhi No. 935

Freeze and transfer the deposits of RMB 18250000, interest and execution fee of the executed HNA Group Co., Ltd., HNA Industrial Group Co., Ltd., Hna Technology Co.Ltd(600751) in banks or other financial institutions; Or seal up, distrain, freeze or deduct the property of its corresponding value.

This ruling shall be enforced immediately.

(IV) execution ruling (2021) Qiong 96zhi No. 936

Freeze and transfer the deposits of RMB 18250000, interest and execution fee of the executed HNA Group Co., Ltd., HNA Industrial Group Co., Ltd., Hna Technology Co.Ltd(600751) in banks or other financial institutions; Or seal up, distrain, freeze or deduct the property of its corresponding value.

This ruling shall be enforced immediately.

(V) execution ruling (2021) Qiong 96zhi No. 937

Freeze and transfer the deposits of RMB 18250000, interest and execution fee of the executed HNA Group Co., Ltd., HNA Industrial Group Co., Ltd., Hna Technology Co.Ltd(600751) in banks or other financial institutions; Or seal up, distrain, freeze or deduct the property of its corresponding value.

This ruling shall be enforced immediately.

3、 Possible impact of this lawsuit on the company’s performance

(I) as of December 31, 2020, the company has accrued a total financial guarantee contract loss of 166 million yuan for the guarantees involved in this announcement. The final amount of the company’s profit and loss in 2021 will be subject to the audited amount in the company’s 2021 annual report.

(II) the follow-up company will timely perform the obligation of information disclosure according to the progress of the lawsuit. Please pay attention to the investment risk.

Up to now, due to the guarantee provided by related parties, the accumulated litigation principal of the company is about RMB 2.640 billion. See the details of the company on March 31, 2020, October 14, 2020, January 6, 2021, March 30, 2021, June 2, 2021, July 24, 2021, September 2, 2021, October 13, 2021 Announcement on progress of guarantee and litigation (p.2020-005), announcement on progress of providing guarantee for related parties and litigation (p.2020-033), announcement on progress of litigation for providing guarantee for related parties (p.2021-001), announcement on progress of providing guarantee for related parties and litigation (p.2021-037) disclosed on February 21, 2022 Announcement on the progress of litigation on providing guarantees for related parties (p.2021-072), announcement on the progress of providing guarantees for related parties and litigation matters involved (p.2021-091), announcement on the progress of providing guarantees for related parties and litigation matters involved (p.2021-093), announcement on the progress of litigation on providing guarantees for related parties (p.2021-094) Announcement on litigation progress of providing guarantee for related parties (p.2022-008).

Up to now, the company has been involved in litigation due to the guarantee provided by related parties as follows:

Principal guaranteed by the guaranteed party guarantee occurrence date guarantee start date guarantee maturity date guarantee type relationship

(thousand yuan) (date of signing the agreement)

HNA Group has 158001 October 10, 2018 October 10, 2018 November 17, 2023 joint and several liability guarantee indirect controlling shareholders

Limited company

HNA Group has 1500000 indirect controlling shareholders guaranteed jointly and severally on March 22, 2018 and January 11, 2022

Limited company

HNA Group has 5202 2019-01-04 2019-01-04 2021-06-30 joint and several liability guarantee indirect controlling shareholders

Limited company

HNA technology collection 227700 December 12, 2018 December 12, 2018 March 12, 2023 joint and several liability guarantee controlling shareholder

Group Co., Ltd

Hna Technology Co.Ltd(600751) set 189800 2019-03-11 2019-03-11 2023-03-09 joint and several liability guarantee controlling shareholder

Group Co., Ltd

HNA ecology section 209800 May 11, 2018 May 11, 2018 June 29, 2022 joint and several liability guarantee other related parties

Shanghai Shangrong Technology Group Co., Ltd

Yingchain management has 349800 2018-07-02 2018-07-02 2022-08-01 joint and several liability guarantee and other related parties

Limited company

4、 Risk warning

(I) at present, the company’s production and operation are stable. The company will timely follow up the follow-up progress of the matter and fulfill the obligation of information disclosure. Please pay attention to the investment risks.

(II) the information disclosure publications designated by the company are China Securities News, Shanghai Securities News, securities times, Securities Daily, Ta Kung Pao and the website of Shanghai Stock Exchange( http://www.sse.com.cn. ), relevant information disclosure and announcement contents shall be subject to the above designated media.

(III) since the litigation of listed companies providing guarantees for related parties is in the implementation stage, the company’s assets may be deducted at any time. Please pay attention to the investment risks.

It is hereby announced.

Hna Technology Co.Ltd(600751) board of directors February 21, 2022

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