Guangdong Lingyi Technology Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or major omissions.
Overview of Guarantees
On December 5, 2025, and December 22, 2025, the Company held the 22nd meeting of the sixth Board of Directors and the sixth extraordinary general meeting of shareholders in 2025, respectively, to review and approve the proposal on the guarantee matters for the Company and its subsidiaries in 2026. To ensure the normal production and operation activities of the Company and its subsidiaries, the Company (including its holding subsidiaries) 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 can allocate the guarantee amounts between the Company (including holding subsidiaries) and subsidiaries based on actual operating conditions, and can also allocate guarantee amounts to newly established subsidiaries. For specific details, please refer to the announcement on the guarantee matters for the Company and its subsidiaries in 2026 disclosed by the Company on December 6, 2025, on the Giant Tide Information Network (www.cninfo.com.cn).
Progress of Guarantees
Recently, the Company's wholly-owned subsidiary Triumph Lead (Singapore) Pte. Ltd. (hereinafter referred to as "Triumph Lead") issued a GUARANTEE (hereinafter referred to as "the Guarantee Letter") to Hang Seng Bank Limited (hereinafter referred to as "Hang Seng Bank"), providing a joint liability guarantee for the maximum claim amount of USD 30 million under the main contract UNCOMMITTED BANKING FACILITIES (hereinafter referred to as "the Non-Committed Credit Letter") signed by the wholly-owned subsidiaries TLG Investment (HK) Limited (hereinafter referred to as "TLG Investment"), LY Investment (HK) Limited (hereinafter referred to as "LY Investment"), and Hang Seng Bank. The validity period of the main claim is 12 months from the effective date of the Non-Committed Credit Letter, specifically from June 3, 2026, to June 3, 2027. The Guarantee Letter shall not be terminated due to partial or full repayment of the guaranteed amount and is a continuous guarantee, covering any one or more guaranteed amounts until Hang Seng Bank actually receives a written termination notice from the guarantor three months after the notice is sent.