Securities Code: 002387
Securities Abbreviation: Visionox
Announcement Number: 2026-063
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 has exceeded 100% of the Company's most recent audited net assets, with guarantees exceeding 50% of the most recent audited net assets. The amount of guarantees provided to entities outside the consolidated financial statements exceeds 30% of the most recent 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., 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 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).
2. Progress of Guarantees
On June 1, 2026, Kunshan Guoxian, a holding subsidiary of the Company, signed a Comprehensive Credit Contract with the Suzhou Branch of Bank of Beijing Co., Ltd. (hereinafter referred to as "Bank of Beijing") to apply for a credit limit of up to RMB 100 million, with a drawdown period of 12 months from the date of contract signing, and the limit is a revolving limit. The Company provides joint liability guarantee for the above loan and ensures that the information disclosed by the Company and all members of the Board of Directors is true, accurate, and complete, with no false records, misleading statements, or significant omissions.