Overview of Guarantees
Henan Tongda Cable Co., Ltd. (hereinafter referred to as "the Company") held its 12th meeting of the 6th Board of Directors on March 27, 2026, and the 2025 Annual Shareholders' Meeting on April 24, 2026, where it approved the proposal regarding the estimated guarantee limit for subsidiaries for 2026. The Company agreed to provide a guarantee limit of no more than 73 million yuan for the following subsidiaries within the consolidated financial statements: Henan Tongda New Materials Co., Ltd., Henan Tongda Jiutong Cable Co., Ltd. (referred to as "Tongda Jiutong"), Luoyang Zhongsheng Trading Co., Ltd., and Henan Tongda Hongji Technology Co., Ltd. For specific details, please refer to the announcement titled "Estimated Guarantee Limit for Subsidiaries for 2026" disclosed by the Company on March 31, 2026, in the Securities Times, China Securities Journal, Shanghai Securities Journal, and on the Giant Tide Information Network (http://www.cninfo.com.cn) (Announcement No.: 2026-020).
Progress of Guarantees
On May 27, 2026, the Company signed a maximum guarantee contract numbered Xingyin Luobaozi No. 2026031 with the Luoyang Branch of Industrial Bank Co., Ltd. (hereinafter referred to as "Industrial Bank") in Luoyang. The contract stipulates that the Company provides a joint liability guarantee for financing activities between Industrial Bank and Tongda Jiutong, with a maximum amount of 10 million yuan. This guarantee is within the approved limit of the Company and does not require submission for approval by the Board of Directors or the Shareholders' Meeting.