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🚨 Material Event

Progress Announcement on Providing Guarantees for Wholly-Owned Subsidiaries

Visionox Technology Inc.··4 pages

✨ AI Summary

This announcement details the provision of a guarantee by Visionox Technology Co., Ltd. for its subsidiary Kunshan Guoxian Optoelectronics Co., Ltd. The total guarantee amount is capped at RMB 24.52 billion. As of the announcement date, the company's total external guarantees exceed 492.68% of its audited net assets. The guarantee is intended to support the subsidiary's operational financing needs.

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Full Translation

AI Translation· azure_openai

Securities Code: 002387

Securities Abbreviation: Visionox

Announcement Number: 2026-062

Special Reminder: As of now, Visionox Technology Co., Ltd. (hereinafter referred to as "the Company") and its holding companies have provided external guarantees totaling over 100% of the Company's most recent audited net assets, with the guarantee amount exceeding 50% of the most recent audited net assets. The Company's guarantees for entities outside the consolidated financial statements exceed 30% of the most recent audited net assets. Investors are advised to pay attention to investment risks.

I. Overview of Guarantees

The Company held the 32nd meeting of the 7th Board of Directors on April 28, 2026, and the 2025 Annual General Meeting on May 29, 2026, where it reviewed and approved the proposal regarding the estimated guarantee limits for the Company and its subsidiaries for 2026. The Company agreed to provide a total guarantee amount not exceeding RMB 24.52 billion for its holding subsidiary YunGu (Gu'an) Technology Co., Ltd., holding subsidiary Kunshan Guoxian Optoelectronics Co., Ltd. (hereinafter referred to as "Kunshan Guoxian"), wholly-owned subsidiaries Kunshan Institute of New Flat Panel Display Technology Co., Ltd., Jiangsu Huixian Display Technology Co., Ltd., and holding subsidiary Suzhou Guoxian Innovation Technology Co., Ltd. The guarantee limit is effective from the date of approval at the 2025 Annual General Meeting until the same matter is reviewed at the 2026 Annual General Meeting. For specific details, please refer to the announcements disclosed by the Company on April 29, 2026, and May 30, 2026, in the Securities Times, Securities Daily, China Securities Journal, Shanghai Securities Journal, and the Giant Tide Information Network (www.cninfo.com.cn).

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