002436SZSE

Announcement on Estimated Guarantee Quota

✨ AI Summary

Shenzhen Xingsen Kuaijie Circuit Board Technology Co., Ltd. announces an estimated guarantee quota of RMB 6.39 billion for its subsidiaries to support their financing needs. This quota represents 129.47% of the company's net assets as of the latest audited period. The board of directors has approved this proposal, which will be submitted to the shareholders' meeting for approval. The company has no external guarantees.

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Securities Code: 002436 Securities Abbreviation: Xingsen Technology Announcement No.: 2026-03-005

Announcement on Estimated Guarantee Quota of Shenzhen Xingsen Kuaijie Circuit Board Technology Co., Ltd.

The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed herein, and that there are no false records, misleading statements, or material omissions.

Special Reminder:

  1. Shenzhen Xingsen Kuaijie Circuit Board Technology Co., Ltd. (hereinafter referred to as the "Company") estimates that the total guarantee quota for its subsidiaries within the consolidated financial statements will not exceed RMB 6.39 billion (or equivalent foreign currency), accounting for 129.47% of the company's net assets as of the latest audited period. Among them, the guarantee quota for subsidiaries whose asset-liability ratio in the consolidated financial statements exceeds 70% will not exceed RMB 950 million, accounting for 19.25% of the company's net assets as of the latest audited period. The company does not provide guarantees to entities outside the consolidated financial statements. The estimated guarantee quota is not the actual guarantee amount. The actual guarantee amount shall be subject to the actual signed guarantee contracts. Investors are kindly requested to pay close attention to the guarantee risks.
  2. This guarantee matter needs to be submitted to the company's shareholders' meeting for deliberation.

The Company's Seventh Board of Directors' Eleventh Meeting held on March 13, 2026, deliberated and approved the "Proposal on Estimated Guarantee Quota." The relevant matters are hereby announced as follows:

I. Estimated Guarantee Quota Matters (I) Company's Guarantee Quota for Subsidiaries To support the financing needs of its subsidiaries, the Company agrees to provide guarantees for its subsidiaries. The total new guarantee quota will not exceed RMB 6.39 billion (or equivalent foreign currency). The specific guaranteed entities and estimated quotas are as follows:

Seq.GuarantorGuaranteed PartyGuarantor's Shareholding RatioGuaranteed Party's Net Asset Ratio (as of 2025.09.30)Current Guarantee Balance (RMB million)New Guarantee Quota (RMB million)Quota as % of Company's Latest Audited Net AssetsWhether Related Party Guarantee
1Shenzhen Xingsen Kuaijie Circuit Board Technology Co., Ltd.Guangzhou Xingsen Kuaijie Circuit Board Technology Co., Ltd.100%41.73%12.6132.0064.84%No
Seq.GuarantorGuaranteed PartyGuarantor's Shareholding RatioGuaranteed Party's Net Asset Ratio (as of 2025.09.30)Current Guarantee Balance (RMB million)New Guarantee Quota (RMB million)Quota as % of Company's Latest Audited Net AssetsWhether Related Party Guarantee
2Xingsen Technology Hong Kong Co., Ltd.100%28.17%-1.803.65%No
3Yixing Guigu Electronic Technology Co., Ltd.100%53.79%0.312.004.05%No
4Hunan Yuanke Innovation Technology Co., Ltd.94.55322%78.97%0.050.601.22%No
5Guangzhou Xingsen Semiconductor Co., Ltd.52.303293%84.78%0.103.507.09%No
6Beijing Xingfei Electronics Co., Ltd.92.01613%13.57%-4.609.32%No
7Zhuhai Xingsen Kuaijie Circuit Board Technology Co., Ltd.100%147.23%-5.4010.94%No
8Zhuhai Xingsen Semiconductor Co., Ltd.99.8968%60.69%0.3814.0028.37%No
Total13.4563.90129.47%

The above guarantee quota can be adjusted among subsidiaries according to actual circumstances within the validity period (including newly established subsidiaries within the authorization period), provided that it does not violate relevant laws, regulations, and normative documents.

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