Zhejiang NHU updates guarantee, information disclosure systems for stronger governance

Zhejiang NHU Co., Ltd. has updated its management system for external guarantees and information disclosure, effective December 2025. The revised external guarantee management system aims to regulate company and subsidiary guarantee activities, control asset risks, and promote stable development, in accordance with various regulations, including the Civil Code of the People's Republic of China. This system mandates unified management, requiring board or shareholder approval for external guarantees and robust risk control measures, including anti-guarantee requirements and detailed due diligence.

Concurrently, the company also released its updated Information Disclosure Management System, effective December 2025. This system ensures timely, accurate, complete, and fair disclosure of information that may significantly impact the company's stock or derivatives. Key updates include detailed procedures for reporting, circulating, reviewing, and publishing major information, as well as strict confidentiality protocols to prevent insider trading. The company also updated its Articles of Association, effective December 2025, to align with the new regulatory requirements, reinforcing its commitment to robust corporate governance and investor protection.