Securities Code: 002420 Securities Abbreviation: Yichang Technology Announcement No.: 2026-015
Guangzhou Yichang Technology Co., Ltd.
Announcement on the Estimated Limit of External Guarantees for 2026
The Company and the entire Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.
Special Reminder: Some guaranteed subsidiaries have an asset-liability ratio exceeding 70%. The total amount of external guarantees provided by the Company and its subsidiaries exceeds 50% of the net assets as of the most recent audited period. Investors are kindly requested to pay close attention to the guarantee risks.
I. Overview of Guarantee Situation
To ensure the needs of production and operation in 2026, Guangzhou Yichang Technology Co., Ltd. (hereinafter referred to as the "Company")'s Sixth Board of Directors' 27th meeting deliberated and approved the "Proposal on the Estimated Limit of External Guarantees for 2026". It was agreed that the Company and its subsidiaries plan to apply for comprehensive credit lines, loans, issuance of guarantees (including separated guarantees), opening of letters of credit, bank acceptance bills, and financing lease businesses from banks, leasing companies, and other financing institutions for financing guarantees, procurement, and other daily operational needs. The total guarantee limit will not exceed RMB 1.9 billion. Among this, the guarantee limit for companies with an asset-liability ratio below 70% is RMB 1.45 billion, and for companies with an asset-liability ratio above 70% is RMB 450 million. The guarantee limit is for revolving use, but the outstanding guarantee balance at any point in time shall not exceed the guarantee limit approved by the shareholders' meeting. The guarantee situations include the Company providing guarantees for its subsidiaries and subsidiaries providing mutual guarantees. After the actual occurrence of guarantee events, the Company will fulfill its information disclosure obligations in a timely manner in accordance with relevant information disclosure regulations.