Special Reminder
- The company and its subsidiaries have not provided guarantees for companies outside the consolidated financial statements, nor are there any overdue guarantees.
- This guarantee is for a wholly-owned subsidiary within the consolidated financial statements, primarily to support its business development needs through bank credit, with controllable risks.
- Special risk reminder: The guaranteed party, Shenzhen Lianyu Import and Export Co., Ltd., has a recent financial report showing a debt-to-asset ratio exceeding 70%. Investors are advised to pay close attention to guarantee risks.
Overview of the Guarantee Situation
Shenzhen Lianyu Optoelectronics Co., Ltd. (hereinafter referred to as "the Company" or "Lianyu Shares") approved the proposal for applying for a comprehensive credit limit and external guarantee limit at the ninth meeting of the second board of directors and the eighth meeting of the second supervisory board held on August 26, 2025, and at the first extraordinary shareholders' meeting held on September 16, 2025. The company agreed to provide guarantees totaling no more than RMB 180 million (or equivalent foreign currency) for the comprehensive credit applications of certain holding subsidiaries within the consolidated financial statements. Upon the effectiveness of the above guarantee limit, previously approved but unused guarantee limits will naturally expire. For detailed information, please refer to the announcement disclosed by the company on August 28, 2025, on the Giant Tide Information Network (www.cninfo.com.cn) regarding the application for comprehensive credit limits and external guarantee limits.
Progress of the Guarantee Situation
Recently, the company signed a "Maximum Guarantee Contract" with the Shenzhen Fuyong Branch of the Industrial and Commercial Bank of China (hereinafter referred to as "ICBC"), agreeing to provide joint liability guarantees for a series of RMB and foreign currency loan contracts, foreign exchange transfer loan contracts, bank acceptance agreements, etc., signed between Shenzhen Lianyu Import and Export Co., Ltd. (hereinafter referred to as "Shenzhen Import and Export") and ICBC, with a maximum balance of RMB 10 million. The maximum balance of this guarantee is RMB 10 million, which includes the company's commitment to ensure that the information disclosed by the company and all members of the board of directors in December 2025 is true, accurate, and complete, without false records, misleading statements, or significant omissions.
The announcement disclosed on the 24th involves a maximum guarantee balance of RMB 5 million for the debts of Shenzhen Import and Export under the main contract signed with ICBC. For specific details, please refer to the announcement disclosed by the company on December 24, 2025, on the Giant Tide Information Network (www.cninfo.com.cn) regarding the progress of the company's guarantee for the bank credit application of its wholly-owned subsidiary.