Stock Abbreviation: Ziguang Stock Stock Code: 000938 Announcement No.: 2026-073
Ziguang Corporation
Resolution Announcement of the 31st Meeting of the 9th Board of Directors
The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.
The 31st Meeting of the 9th Board of Directors of Ziguang Corporation (hereinafter referred to as the "Company") was convened by written notice on July 16, 2026, and held in the fourth-floor conference room of Ziguang Building on July 21, 2026, through on-site and teleconference methods. The meeting was presided over by Chairman Mr. Li Tao. A total of 8 directors were eligible to attend, and all 8 were present. All senior management personnel attended the meeting. The convening of this meeting complies with the "Company Law of the People's Republic of China," the "Articles of Association of Ziguang Corporation," and other relevant regulations.
After deliberation and voting on each item, the meeting passed the following resolutions:
I. Resolution on Providing Guarantees for Subsidiaries' Applications for Supplier Credit Lines
Ziguang Digital (Suzhou) Group Co., Ltd. (hereinafter referred to as "Suzhou Ziguang Digital") and its subsidiaries, Ziguang E-commerce Co., Ltd. (hereinafter referred to as "Ziguang E-commerce"), Ziguang Supply Chain Management Co., Ltd. (hereinafter referred to as "Ziguang Supply Chain"), Ziguang Digital Technology (Yueyang) Co., Ltd. (hereinafter referred to as "Yueyang Digital"), Ziguang Digital (Hong Kong) Co., Ltd. (hereinafter referred to as "Hong Kong Ziguang Digital"), Ziguang Xiaotong Technology Co., Ltd. (hereinafter referred to as "Ziguang Xiaotong"), and Ziguang Xiaotong (Hong Kong) Co., Ltd. (hereinafter referred to as "Ziguang Xiaotong (Hong Kong)") are subsidiaries of the Company primarily engaged in ICT distribution business. To support the business development of these subsidiaries, and based on their business needs, the Company agrees to provide the following guarantees for the supplier credit lines applied for by the subsidiaries:
- The Company agrees to provide joint liability guarantees for Suzhou Ziguang Digital, Ziguang E-commerce, Ziguang Supply Chain, and Yueyang Digital for their applications for supplier credit lines from Lenovo and other Lenovo Group affiliated companies, with a guarantee amount not exceeding RMB 350 million. The principal debt period covered by the guarantee is from July 1, 2026, to June 30, 2029. The guarantee period shall be two years from the date the guaranteed debt's performance period expires. If the performance period of the guaranteed transaction expires before the last day of the principal debt period, June 30, 2029, the guarantee period shall be extended for two years from July 1, 2029.
Upon the signing and effectiveness of the above-mentioned guarantee documents, the Company's guarantee for Suzhou Ziguang Digital, Ziguang E-commerce, Ziguang Supply Chain, and Yueyang Digital for credit lines applied from Lenovo (Beijing) Electronics Technology Co., Ltd. and its affiliated parties, not exceeding RMB 250 million, will be terminated accordingly.