600751: Hna Technology Co.Ltd(600751) notice on the progress of litigation on providing guarantee for related parties (2)

Securities code: 600751 900938 securities abbreviation: Hna Technology Co.Ltd(600751) Haike B No.: lin2022-008 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.

Status of the listed company as a party: Hna Technology Co.Ltd(600751) (hereinafter referred to as ” Hna Technology Co.Ltd(600751) shares” or “company”) is the person to be executed.

Amount involved in litigation: according to the ruling, the total amount involved in litigation is 1.053 billion yuan, 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 loss of 1.183 billion yuan from financial guarantee contracts 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.

Recently, the company received the execution ruling (2021) Qiong 96 min Zhi No. 938, (2021) Qiong 96 min Zhi No. 939 and (2021) Qiong 96 min Zhi No. 940) made by the first intermediate people’s Court of Hainan Province. The specific contents are announced as follows:

1、 Basic information

The company and Xiamen International Trust Co., Ltd. (hereinafter referred to as “Xiamen trust”) signed the guarantee contract of Xiamen trust – ecological technology working capital loan collective fund trust plan, Provide irrevocable joint and several liability guarantee to Xiamen International Trust for the performance of Xiamen trust – ecological technology working capital loan contract signed by HNA Ecological Technology Group Co., Ltd. and Xiamen trust and its supplementary agreement. For details, please refer to the announcement on providing guarantees to related parties within the mutual insurance limit (pro 2018-074) disclosed by the company on May 15, 2018.

The company signed the guarantee contract with Xiamen trust to provide irrevocable joint and several liability guarantee to Xiamen trust for the performance of the Xiamen trust – Shangrong supply chain working capital loan collective fund trust plan loan contract signed by Shanghai Shangrong Supply Chain Management Co., Ltd. and Xiamen trust. For details, see the announcement on providing guarantees to related parties within the mutual insurance limit (pro 2018-095) disclosed by the company on June 30, 2018.

The company signed the guarantee contract (No. (2018) xmxt – hhkj (Bao) Zi No. 2201-2) with Xiamen trust, It is the loan contract of Xiamen trust – Hna Technology Co.Ltd(600751) working capital loan collective fund trust plan signed by the controlling shareholder Hna Technology Co.Ltd(600751) Group Co., Ltd. and Xiamen trust (No.: (2018) xmxt – hhkj (borrow) Zi No. 2201) and its supplementary agreement supplementary agreement to the loan contract of Xiamen trust – Hna Technology Co.Ltd(600751) working capital loan collective fund trust plan (No.: (2018) The performance of some debts under xmxt – hhkj (debit and supplement) Zi No. 2201) provides an irrevocable joint and several liability guarantee to Xiamen trust. The Hna Technology Co.Ltd(600751) group issued a counter guarantee letter to the company on March 11, 2019. For the company’s guarantee, the Hna Technology Co.Ltd(600751) group promised to bear the irrevocable joint and several liability counter guarantee liability, which is valid until the guarantee liability in the re signed guarantee contract is relieved. For details, see the announcement on providing guarantee to related parties within the mutual insurance limit (pro 2019-016) disclosed by the company on March 13, 2019.

2、 Main contents of execution ruling

Applicant: Xiamen International Trust Co., Ltd

Executed by: Hna Technology Co.Ltd(600751)

(I) execution ruling (2021) Qiong 96 min Zhi No. 938

Freeze and transfer the deposit of RMB 260000000, interest and execution fee of the person subject to execution 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 96 min Zhi No. 939

Freezing and transferring the deposit of the person subjected to execution Hna Technology Co.Ltd(600751) in a bank or other financial institution of RMB 330000000, interest and execution fee; Or seal up, distrain, freeze or deduct the property of its corresponding value.

This ruling shall be enforced immediately.

(III) execution ruling (2021) Qiong 96 min Zhi No. 940

Freezing and transferring the deposit of the person subjected to execution Hna Technology Co.Ltd(600751) in a bank or other financial institution of RMB 463000000, interest and execution fee; Or seal up, distrain, freeze or deduct the property of its corresponding value.

This ruling shall be enforced immediately.

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

(I) as of December 31, 2020, the company has accrued a total financial guarantee contract loss of RMB 1.183 billion for the above guarantee. The final amount of profit and loss of the company in 2021 will be subject to the audit amount of 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.2022-007).

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 Department

Technology Group Co., Ltd. 209800 May 11, 2018 May 11, 2018 June 29, 2022 joint and several liability guarantee other related parties

Shanghai Shangrong Supply 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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