Shenzhen Kelu Electronics Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without any false records, misleading statements, or significant omissions.
Special Reminder: As of the date of this announcement, the total amount of external guarantees provided by Shenzhen Kelu Electronics Co., Ltd. and its subsidiaries is RMB 252 million, accounting for 706.95% of the Company's audited net assets as of December 31, 2025. The balance of external guarantees provided by the Company and its subsidiaries is RMB 90.31636 million, accounting for 253.37% of the Company's audited net assets as of December 31, 2025. The aforementioned external guarantees are all guarantees provided by the Company for its subsidiaries within the scope of the consolidated financial statements. Investors are advised to pay attention to investment risks.
I. Overview of Guarantees
The Company approved the proposal on providing guarantees for subsidiaries at the 21st (temporary) meeting of the 9th Board of Directors held on December 29, 2025, and the first temporary shareholders' meeting of 2026. The Company agreed to provide guarantees for its subsidiaries related to bidding, contract performance, and comprehensive credit business with banks, with a total guarantee amount not exceeding RMB 252 million (this guarantee amount includes the extension or renewal of existing guarantees and new guarantees). For specific details, please refer to the announcement titled "Announcement on Providing Guarantees for Subsidiaries in 2026" (Announcement No. 2025064) published by the Company on December 30, 2025, in the Securities Times, China Securities Journal, Shanghai Securities Journal, Securities Daily, and the Giant Tide Information Network (www.cninfo.com.cn).
II. Progress of Guarantees
Recently, the Company signed a "Maximum Guarantee Contract" with Shanghai Pudong Development Bank Co., Ltd. Yichun Branch, providing a joint liability guarantee for its wholly-owned subsidiary, Yichun Kelu Energy Storage Technology Co., Ltd. (the debtor), for financing activities with a maximum balance not exceeding RMB 100 million during the agreed period, with a loan term until December 31, 2026. The Company also signed a "Guarantee Contract" with Yichun Rural Commercial Bank Co., Ltd. Economic Development Branch, providing a joint liability guarantee for Yichun Kelu Energy Storage Technology Co., Ltd. for financing not exceeding RMB 90 million, with a loan term until May 19, 2029. As of the date of this announcement, the specific usage of the guarantee amount provided by the Company for its subsidiaries is as follows: