Shenzhen Haopeng Technology Co., Ltd. Announcement on the Progress of Guarantees Provided by the Company for its Wholly-Owned Subsidiary
The company and the board of directors guarantee that the information disclosed is true, accurate, and complete, and contains no false representations, misleading statements, or material omissions.
Special Notice: After this guarantee is provided, the total amount of guarantees provided by Shenzhen Haopeng Technology Co., Ltd. (hereinafter referred to as the "Company") and its holding subsidiaries has exceeded 100% of the audited net assets as of the latest period (as of December 31, 2024). All of the above guarantees are inter-company guarantees within the consolidated financial statements of the Company and its holding subsidiaries. The risk of these guarantees is within the Company's controllable scope. Investors are kindly reminded to pay attention to investment risks.
I. Overview of Guarantee Situation
The Company's second board of directors' eleventh meeting held on April 24, 2025, and the 2024 annual general meeting held on May 20, 2025, deliberated and approved the "Proposal on Applying for a Comprehensive Credit Line for 2025 and Guarantees Provided by the Actual Controller and Related Party Transactions" and the "Proposal on the Estimated Guarantee Quota for 2025." It was agreed that in 2025, the Company would provide guarantees for its subsidiaries within the consolidated financial statements (including newly established or newly included subsidiaries), inter-subsidiary guarantees, and guarantees from holding subsidiaries to the Company. The estimated guarantee quota shall not exceed RMB 7,000,000,000.00, and the validity period of the guarantee quota shall be from the date of approval by the general meeting of shareholders until the date of the next general meeting of shareholders making new resolutions. At the same time, Mr. Pan Guoyu, the actual controller of the Company, will provide joint liability guarantees as the situation requires.
II. Progress Update
Recently, Guangdong Haopeng New Energy Technology Co., Ltd. (hereinafter referred to as "Guangdong Haopeng"), a wholly-owned subsidiary of the Company, signed a "Comprehensive Credit Agreement" (Contract No.: Bohai Shenzhen Comprehensive [2025] No. 150) and a "Fixed Asset Loan Agreement" (Contract No.: Bohai Shenzhen Fixed Asset Loan [2025] No. 149) with Bohai Bank Co., Ltd. Shenzhen Branch (hereinafter referred to as "Bohai Bank"). The corresponding credit line is RMB 100,000,000.00, and the loan amount is RMB 400,000,000.00.
Concurrently, the Company signed a "Maximum Guarantee Agreement" (Agreement No.: Bohai Shenzhen Maximum Guarantee [2025] No. 150) and a "Guarantee Agreement" (Agreement No.: Bohai Shenzhen Guarantee [2025] No. 149) with Bohai Bank, providing joint liability guarantees for the principal amount of Guangdong Haopeng's claims to Bohai Bank of RMB 100,000,000.00 and RMB 400,000,000.00, respectively.
According to the "Shenzhen Stock Exchange Stock Listing Rules" and the "Shenzhen Stock Exchange Listed Company Self-Regulatory Guidelines No. 1 - Norms for the Operation of Main Board Listed Companies" and other relevant documents, the above guarantees are within the estimated quota and do not require submission to the Company's board of directors or general meeting of shareholders for deliberation.