002045SZSE

Announcement on Progress of External Guarantees

GUOGUANG ELECTRIC COMPANY LIMITED··3 pages

✨ AI Summary

Guoguang Electric Appliances Co., Ltd. has progressed with its external guarantee plan, signing a RMB 24 million contract for its subsidiary, Guangdong Guoguang Electronics. This is part of a larger RMB 2.82 billion total guarantee limit approved by shareholders. The subsidiary, involved in battery production, had RMB 209.54 million in equity as of December 2024. The company confirms no overdue guarantees.

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Full Translation

AI Translation· gemini_document

Guoguang Electric Appliances Co., Ltd. Announcement on Progress of External Guarantees Stock Code: 002045 Stock Abbreviation: Guoguang Electric Appliances Serial Number: 2026-6 The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free from any false records, misleading statements, or material omissions.

I. Overview of Guarantee Situation

Guoguang Electric Appliances Co., Ltd. (hereinafter referred to as the "Company" or "Guoguang Electric Appliances") deliberated and approved the "Proposal on External Guarantees" at the 17th meeting of the 11th Board of Directors held on April 27, 2025, and the 2024 Annual General Meeting of Shareholders held on May 19, 2025. The Company agreed to provide a total guarantee limit of RMB 2.82 billion for Guangdong Guoguang Electronics Co., Ltd. (hereinafter referred to as "Guangdong Guoguang Electronics") and others. The guarantee period shall be from the date of approval by the shareholders' meeting until the date of the shareholders' meeting to approve the next external guarantee matter. The outstanding guarantee balance at any point during the guarantee period shall not exceed the guarantee limit approved by the shareholders' meeting. For details, please refer to the "Announcement on External Guarantees" (Announcement No.: 2025-33) published by the Company on Juchao Information Network (http://www.cninfo.com.cn) on April 29, 2025.

II. Progress of Guarantee

Recently, the Company signed relevant external guarantee contracts with banks to provide external guarantees for Guangdong Guoguang Electronics' credit application. The specific situation is as follows:

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