Shenzhen Sunlord Electronics Co., Ltd. (hereinafter referred to as "the Company") and all members of the board of directors guarantee that the information disclosed is true, accurate, and complete, without false records, misleading statements, or significant omissions.
Special Risk Warning: After this guarantee, the total amount of external guarantees provided by Shenzhen Sunlord Electronics Co., Ltd. exceeds 100% of the most recent audited net assets, and guarantees are provided for units with a debt-to-asset ratio exceeding 70%. All such guarantees are provided for the Company's holding companies. Investors are advised to pay attention to the risks.
1. Overview of the Guarantee
The Company held the 11th meeting of the Audit Committee of the 7th Board of Directors on February 25, 2026, and the 21st meeting of the 7th Board of Directors on February 26, 2026, where the proposal on providing guarantees for holding companies in 2026 was approved. To enhance support for the Company's holding companies, the total amount of guarantees for credit applications to banks in 2026 is expected to not exceed RMB 13.2 billion (inclusive) (or equivalent foreign currency). This guarantee amount includes the guarantees already provided by the Company for the relevant holding companies that have not yet been released as of the date of this announcement. The balance of guarantees provided to holding companies at any point before the annual shareholders' meeting in 2026 will not exceed this amount. This proposal needs to be submitted to the Company's 2025 annual shareholders' meeting for review. Within the above authority, the board of directors requests the shareholders' meeting to authorize the management to select financial institutions and guarantee methods and sign relevant contracts based on actual conditions. The Company will fulfill its information disclosure obligations in accordance with relevant laws and regulations.
2. Guarantee Details
| Guarantor | Guaranteed Party | Direct or Indirect Shareholding Ratio | Latest Debt-to-Asset Ratio | Current Guarantee Balance (RMB 10,000) | Guarantee Amount (RMB 10,000) | Guarantee Amount as a Percentage of Latest Audited Net Assets | Related Guarantee |
|---|---|---|---|---|---|---|---|
| Sunlord Electronics | Sunlord (Shanghai) Electronics Co., Ltd. | 100.00% | >70% | 268,149.52 | 320,000.00 | 47.20% | No |
| Quzhou Sunlord Circuit Board Co., Ltd. | 96.00% | 10,000.00 | 20,000.00 | 2.95% | No | ||
| Shanghai Sunlord Industrial Co., Ltd. | 100.00% | 0.00 | 30,000.00 | 4.42% | No | ||
| Shanghai Demen Information Technology Co., Ltd. | 60.00% | 26,000.00 | 40,000.00 | 5.90% | No | ||
| Dongguan Hualuo Electronics Co., Ltd. | 76.08% | <70% | 38,000.00 | 80,000.00 | 11.80% | No | |
| Dongguan Xinbai Structural Ceramics Co., Ltd. | 91.55% | 14,050.00 | 40,000.00 | 5.90% | No | ||
| Guiyang Sunlord Xunda Electronics Co., Ltd. | 77.60% | 43,470.00 | 60,000.00 | 8.85% | No | ||
| Dongguan Sunlord Electronics Co., Ltd. | 100.00% | 439,000.00 | 470,000.00 | 69.32% | No | ||
| Jiangsu Sunlord Fuyun New Energy Co., Ltd. | 47.24% | 0.00 | 10,000.00 | 1.47% | No | ||
| Shenzhen Sunlord Automotive Electronics Co., Ltd. | 80.51% | 78,600.00 | 100,000.00 | 14.75% | No | ||
| Shenzhen Sunlord Investment Co., Ltd. | 100.00% | 32,000.00 | 80,000.00 | 11.80% | No | ||
| Shenzhen Sunlord Stacked Electronics Co., Ltd. | 75.05% | 0.00 | 20,000.00 | 2.95% | No | ||
| Dongguan Sunlord Power Devices Co., Ltd. | 76.70% | 0.00 | 40,000.00 | 5.90% | No | ||
| Shenzhen Baitai New Energy Co., Ltd. | 41.00% | 0.00 | 10,000.00 | 1.47% | No | ||
| Total | 949,269.52 | 1,320,000.00 | 194.70% |