Securities Code: 002388 Securities Abbreviation: New Asia Process Announcement No.: 2026-026
New Asia Process (Zhejiang) Co., Ltd. Announcement on Providing Guarantee for Subsidiary's Bank Credit Application
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the announcement, and are jointly and severally liable for any false statements, misleading representations, or material omissions.
Special Reminder: The guarantee provided by New Asia Process (Zhejiang) Co., Ltd. (hereinafter referred to as the "Company" or "this Company") is for its subsidiaries within the consolidated financial statements. The asset-liability ratio of the subsidiary to be guaranteed is less than 70%. This guarantee is primarily for the subsidiary's application for bank credit or to meet its business development needs. The risk is controllable, and investors are advised to pay close attention to the guarantee risk.
I. Overview of Guarantee Situation
(I) Basic Situation of This Guarantee
To meet the needs of daily business development, the Company's subsidiary, Amestone Electronics (Hong Kong) Co., Ltd. (hereinafter referred to as "Amestone Hong Kong"), is applying for an export invoice financing credit line of HKD 30 million (thirty million Hong Kong dollars) from Shanghai Pudong Development Bank Co., Ltd. Hong Kong Branch (hereinafter referred to as "SPD Bank Hong Kong Branch"). The Company will provide a full joint liability guarantee and indemnity for this credit line.