Stock Code: 002387 Stock Abbreviation: Visslink Announcement No.: 2026-051 Visslink Technology Co., Ltd. Announcement on Providing Guarantee for Financing Lease Business of a Controlled Grand-Subsidiary The Company and the entire Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false representations, misleading statements, or material omissions. Special Reminder: As of now, the total external guarantee amount of Visslink Technology Co., Ltd. (hereinafter referred to as the "Company") and its controlled subsidiaries (including guarantees for subsidiaries within the consolidated financial statements) has exceeded 100% of the Company's net assets as of the most recent audited period. The guarantee amount exceeds 50% of the Company's net assets as of the most recent audited period, and the guarantee amount for external entities outside the consolidated financial statements exceeds 30% of the Company's net assets as of the most recent audited period. Investors are kindly requested to pay attention to investment risks. I. Overview of the Financing Lease Matter Kunshan Guoxian Optoelectronics Co., Ltd. (hereinafter referred to as "Kunshan Guoxian"), a controlled grand-subsidiary of the Company, needs to carry out business development. It plans to conduct a sale and leaseback transaction with Suzhou Yuanheng Financial Leasing Co., Ltd. (hereinafter referred to as "Suzhou Yuanheng") using its own machinery and equipment valued at approximately RMB 150 million. The total financing lease amount is RMB 130 million, with a lease term of 2 years. The Company will provide a joint and several liability guarantee for the above financing lease business and intends to sign an "Irrevocable Guarantee Letter" with Suzhou Yuanheng. The amount of this guarantee is not included in the 2025 annual guarantee limit approved by the Company's 2024 Annual General Meeting. According to the "Listing Rules of Shenzhen Stock Exchange," "Articles of Association," and other relevant regulations, the amount of financing leases and related amounts incurred within the twelve months prior to this transaction (including this financing lease, excluding financing lease matters for which approval procedures have been completed) has reached 50% of the net assets of the most recent accounting year audited by the Company (see attachment). This matter requires approval from the Company's Board of Directors and Shareholders' Meeting. The Company's Seventh Board of Directors' Thirty-second Meeting was held on April 28, 2026, and unanimously approved the "Proposal on Providing Guarantee for the Financing Lease Business of a Controlled Grand-Subsidiary." In accordance with the requirements of the "Listing Rules of Shenzhen Stock Exchange" and the "Articles of Association," this matter still needs to be submitted to the Company's Shareholders' Meeting for review. This matter does not constitute a related party transaction, nor does it constitute a major asset restructuring as defined by the "Measures for Major Asset Restructuring of Listed Companies." II. Basic Information of the Counterparty
- Company Name: Suzhou Yuanheng Financial Leasing Co., Ltd.
- Unified Social Credit Code: 913205940695413660
- Company Type: Limited Liability Company
- Registered Address: Unit 1101-8, Xintou Building, No. 308 Suya Road, Suzhou Industrial Park, Suzhou Area, China (Jiangsu) Pilot Free Trade Zone
- Legal Representative: Qi Bin
- Registered Capital: RMB 170 million
- Date of Establishment: June 19, 2013
- Business Scope: Financial leasing business; leasing business; purchasing leased assets from domestic and foreign sources; residual value treatment and maintenance of leased assets; leasing transaction consulting and guarantee; also engaged in commercial factoring business related to the main business. (Projects subject to approval according to law can only be carried out after approval by relevant departments)
- Major Shareholders: Suzhou Housing and Urban-Rural Development Investment Guarantee Co., Ltd. holds 95.00%, and Guofa Venture Capital Holdings Co., Ltd. holds 5.00%.
- As of the disclosure date of this announcement, Suzhou Yuanheng Financial Leasing Co., Ltd.'s total assets as of the 2025 audited fin