002600SZSE

Progress Announcement on Providing Guarantees for Subsidiaries

LINGYI iTECH (GUANGDONG) COMPANY··5 pages

✨ AI Summary

Guangdong Lingyi Intelligent Manufacturing Co., Ltd. has approved guarantees for its subsidiaries totaling up to RMB 400 million for 2026. Recent agreements with China Construction Bank and Bank of China involve guarantees for loans of RMB 68.4 million and RMB 99.6 million, respectively. The company maintains a stable financial condition with no overdue guarantees or litigation related to guarantees.

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Full Translation

AI Translation· azure_openai

1. Overview of Guarantees

Guangdong Lingyi Intelligent Manufacturing Co., Ltd. (hereinafter referred to as "the Company") held the 22nd meeting of the 6th Board of Directors and the 6th Extraordinary General Meeting of Shareholders on December 5 and December 22, 2025, respectively, to review and approve the proposal regarding the guarantee matters for the Company and its subsidiaries for the year 2026. To ensure the normal production and operation activities of the Company and its subsidiaries, the Company plans to provide guarantees for financing or other performance obligations of the Company and its subsidiaries in 2026, with a total guarantee amount not exceeding RMB 400 million. Within the above guarantee limit, the Company’s management may allocate the guarantee amounts between the Company (including holding subsidiaries) and its subsidiaries based on actual operating conditions, and may also allocate guarantee amounts to newly established subsidiaries. For specific details, please refer to the announcement disclosed by the Company on December 6, 2025, on the Giant Tide Information Network (www.cninfo.com.cn).

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