002102SZSE

Announcement on Subsidiary Nengte Company Applying for Comprehensive Credit Line from Financial Institution and Company Providing Counter-Guarantee and Connected Transaction

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Hubei Nengte Technology Co., Ltd. announces its wholly-owned subsidiary, Nengte Company, will apply for a RMB 500 million credit line from the Export-Import Bank of China, Hubei Branch. The company's controlling shareholder's parent, Chenfa Group, will provide a guarantee, and Nengte Technology will provide a counter-guarantee. This aims to support the subsidiary's operational needs and is deemed beneficial for the company.

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Securities Code: 002102 Securities Abbreviation: Nengte Technology Announcement No.: 2026-032

Hubei Nengte Technology Co., Ltd.

Announcement on Subsidiary Nengte Company Applying for Comprehensive Credit Line from Financial Institution and Company Providing Counter-Guarantee and Connected Transaction

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 significant omissions.

Special Risk Warning: Hubei Nengte Technology Co., Ltd. (hereinafter referred to as the "Company" or "this Company") held the 37th meeting of the 7th Board of Directors on April 27, 2026, and reviewed and approved the "Proposal on Wholly-owned Subsidiary Nengte Company and Shishou Nengte Applying for Comprehensive Credit Line from Financial Institutions and Company Providing Guarantee," the "Proposal on Wholly-owned Subsidiary Guangdong Sumei Applying for Comprehensive Credit Line from Financial Institutions and Company Providing Guarantee," and the "Proposal on Subsidiary Nengte Company Applying for Comprehensive Credit Line from Financial Institutions and Company Providing Counter-Guarantee and Connected Transaction." The aforementioned guarantee matters all require shareholder approval. The total approved external guarantee amount (including guarantees for wholly-owned and控股 subsidiaries) for the Company and its subsidiaries is RMB 3,193.96 million, accounting for 103.82% of the Company's audited net assets of RMB 307,632.99 million as of December 31, 2025. Investors are strongly advised to pay close attention to the guarantee risk!

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Announcement on Subsidiary Nengte Company Applying for Comprehensive Credit Line from Financial Institution and Company Providing Counter-Guarantee and Connected Transaction — HuBei NengTer Technology Co., Ltd. | SZSE Releases