Securities Code: 002337 Securities Abbreviation: SaiXiang Technology Announcement No.: 2026-009
Tianjin SaiXiang Technology Co., Ltd. Announcement on Progress of Providing Guarantee for Subsidiary
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and there are no false records, misleading statements, or major omissions.
Tianjin SaiXiang Technology Co., Ltd. (hereinafter referred to as the "Company") held its Ninth Board of Directors' Sixth Meeting on March 5, 2026, and its 2026 First Extraordinary General Meeting on March 23, 2026. The proposal "Proposal on Estimated Guarantee for Subsidiaries" was reviewed and approved. The Company plans to provide a guarantee for its wholly-owned subsidiary, Tianjin SaiXiang Electromechanical Engineering Co., Ltd. (hereinafter referred to as "SaiXiang Electromechanical"), for its application for comprehensive credit from banks in 2026. The total guarantee amount shall not exceed RMB 50 million. Within this limit, the Company's management is authorized to select banks, determine guarantee methods and terms, and sign relevant legal documents based on the subsidiary's actual capital needs. The authorization period is valid for one year from the date of approval by the general meeting of shareholders. For details, please refer to the "Announcement on Estimated Guarantee for Subsidiaries" disclosed by the Company on the China Securities Journal, Securities Times, and Juchao Information Network (www.cninfo.com.cn) on March 6, 2026 (Announcement No.: 2026-003).