Securities Code: 002387
Securities Abbreviation: Visionox
Announcement Number: 2026-064
Visionox Technology Co., Ltd. Progress Announcement on Providing Guarantees for Wholly-Owned Subsidiaries
Special Reminder: As of now, the total amount of external guarantees provided by Visionox Technology Co., Ltd. (hereinafter referred to as "the Company") and its holding companies (including guarantees for subsidiaries within the consolidated financial statements) has exceeded 100% of the Company's latest audited net assets, with the guarantee amount exceeding 50% of the Company's latest audited net assets. The amount of guarantees provided by the Company to entities outside the consolidated financial statements exceeds 30% of the latest audited net assets. Investors are advised to pay attention to investment risks.
1. 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 subsidiary Kunshan Institute of New Flat Panel Display Technology Co., Ltd., wholly-owned subsidiary Jiangsu Huixian Display Technology Co., Ltd., holding subsidiary Suzhou Guoxian Innovation Technology Co., Ltd. (hereinafter referred to as "Suzhou Guoxian"), and the holding subsidiary Kunshan Guoxian, with the total guarantee limit effective from the date of approval at the 2025 Annual General Meeting until the review of similar matters at the 2026 Annual General Meeting. Specific details can be found in 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).