Announcement on Providing Guarantee for Wholly-Owned Subsidiary The company and the board of directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or major omissions.
I. Overview of Guarantee Situation
To meet the global strategic layout and business development needs of Han's Laser Technology Industry Group Co., Ltd. (hereinafter referred to as the "Company" or "Han's Laser"), and to further explore the international market and enhance market competitiveness, the Company's wholly-owned subsidiary, Han's Laser Technology Co., Ltd. (hereinafter referred to as "Han's Hong Kong"), has applied for a comprehensive credit line from the bank based on the Company's and its own operating capital needs. The Company intends to provide a joint liability guarantee for the aforementioned credit line, with an estimated credit line not exceeding RMB 1 billion and a guarantee period not exceeding 3 years.
The Company held the fifteenth meeting of the eighth board of directors on April 15, 2026, and deliberated and passed the "Proposal on Providing Guarantee for the Comprehensive Credit Line of Han's Hong Kong Bank."
As Han's Hong Kong's asset-liability ratio as of December 31, 2025, and March 31, 2026, exceeded 70%, according to the "Articles of Association," the Company's "Decision-Making System for External Guarantees," and Article 9, Paragraph 1, Subparagraph (2) of the "Regulatory Guidelines for Listed Companies No. 8 - Supervision Requirements for Capital Transactions and External Guarantees of Listed Companies," this proposal needs to be submitted for shareholder approval.