001306SZSE

Announcement on the Guarantee Quota for Wholly-Owned Subsidiaries in 2026

✨ AI Summary

Zhejiang Xiamen Precision Manufacturing Co., Ltd. proposes to provide a guarantee quota of RMB 135 million for its wholly-owned subsidiaries, Ningbo Xiatuo Intelligent Technology Co., Ltd. and XIASHA VIETNAM COMPANY LIMITED, for bank credit. The board of directors has approved this proposal, which is subject to shareholder approval. The company believes the risks are controllable as the subsidiaries are wholly-owned and financially stable.

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Full Translation

AI Translation· gemini_document

Securities Code: 001306 Securities Abbreviation: Xiamen Precision Announcement No.: 2026-010 Zhejiang Xiamen Precision Manufacturing Co., Ltd. Announcement on the Guarantee Quota for Wholly-Owned Subsidiaries in 2026 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.

I. Overview of Guarantee Situation (I) Basic Guarantee Information Based on the overall financing arrangements, Zhejiang Xiamen Precision Manufacturing Co., Ltd. (hereinafter referred to as the "Company") intends to provide joint and several liability guarantees for the bank credit applied for by its wholly-owned subsidiary Ningbo Xiatuo Intelligent Technology Co., Ltd. (hereinafter referred to as "Xiatuo Intelligent") and XIASHA VIETNAM COMPANY LIMITED (hereinafter referred to as "Xiamen Vietnam"), with a total guarantee quota not exceeding RMB 135 million. The specific situation is as follows:

GuarantorGuaranteed PartyShareholding RatioMost Recent Period's Liability Balance (RMB 10,000)Previous Guarantee Balance (RMB 10,000)2026 Guarantee Quota (RMB 10,000)Quota as % of Company's Audited Net Assets in 2025Related Party Guarantee
CompanyXiatuo Intelligent100%69.94%1,4508,0006.14%No
CompanyXiamen Vietnam100%43.10%344.135,5004.22%No
Total1,794.1313,50010.37%

Note: If there is a discrepancy in the total due to rounding, it is due to rounding. The guarantee methods include, but are not limited to, guarantee, mortgage, and pledge. The guarantee period shall commence from the date the shareholders' meeting approves this matter until the date of the 2026 annual shareholders' meeting. The Company's Board of Directors hereby requests the shareholders' meeting to authorize the Company's management to fully handle the relevant business and sign relevant business documents within the above guarantee quota.

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