002134SZSE
🚨 Material Event

Announcement Regarding Subsidiary's Bank Credit Facility Application and Guarantee by Parent Company

✨ AI Summary

The announcement details a credit facility application by subsidiary Zhuhai Taihe for RMB 70 million, with a guarantee from its parent, Huizhou Taihe. This is a material event as the total external guarantees exceed 50% of the company's net assets, and Zhuhai Taihe's asset-liability ratio is over 70%. The board has approved the matter, pending shareholder approval.

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Full Translation

AI Translation· gemini_document

Securities Code: 002134 Securities Abbreviation: Tianjin普林 Announcement Number: 2026-029

Tianjin普林 Circuit Co., Ltd.

Announcement Regarding Subsidiary's Bank Credit Facility Application and Guarantee by Parent Company

The Company and the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed herein, and there are no false records, misleading statements, or material omissions.

Special Reminder: The name of the guaranteed party is Taihe Circuit Technology (Zhuhai) Co., Ltd. (hereinafter referred to as "Zhuhai Taihe" or "the subsidiary"), which is a wholly-owned subsidiary of Taihe Circuit Technology (Huizhou) Co., Ltd. (hereinafter referred to as "Huizhou Taihe"), a holding subsidiary of Tianjin普林 Circuit Co., Ltd. (hereinafter referred to as "the Company").

Amount of this guarantee and balance of actual guarantees provided: The guarantee amount that Huizhou Taihe intends to provide to Zhuhai Taihe this time is RMB 70 million. The aforementioned guarantee amount has not yet been utilized, and the guarantee agreement has not yet been signed.

The total external guarantee amount of the Company and its holding subsidiaries exceeds 50% of the Company's net assets as of the most recent audited period. As of May 31, 2026, Zhuhai Taihe's asset-liability ratio exceeded 70%. Investors are kindly requested to pay close attention to the guarantee risk.

I. Overview of Guarantee Situation

To meet the capital needs of its production and operation, Zhuhai Taihe, a wholly-owned subsidiary of the Company's holding subsidiary Huizhou Taihe, intends to apply for a credit line from the Hengqin Guangdong-Macao Deep Cooperation Zone Branch of Everbright Bank Co., Ltd. with a total amount not exceeding RMB 70 million. The credit period shall not exceed 15 months, and the credit products include working capital loans, bank acceptance drafts, etc. The specific amount and business types are subject to the bank's approval.

Huizhou Taihe will provide joint liability guarantee for Zhuhai Taihe's aforementioned bank financing business. There is no counter-guarantee for this guarantee.

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