Securities Code: 002787 Securities Abbreviation: Huayuan Holdings Announcement No.: 2026-028
Suzhou Huayuan Holdings Co., Ltd. Progress Announcement on Guarantee for Wholly-Owned Subsidiary
The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or material omissions.
I. Overview of Guarantee Quota Review
Suzhou Huayuan Holdings Co., Ltd. (hereinafter referred to as the "Company") held its 15th meeting of the Fifth Board of Directors on March 27, 2026, and its 2025 Annual General Meeting on April 27, 2026. The "Proposal on the Guarantee Quota for Subsidiaries within the Scope of Consolidated Statements" was deliberated and approved. It was agreed that the Company would provide a joint liability guarantee for the comprehensive credit line applied for by its wholly-owned subsidiary, Suzhou Huayuan Semiconductor Co., Ltd. (hereinafter referred to as "Suzhou Huayuan Semiconductor"), from financial institutions, not exceeding RMB 300 million. The guarantee period is from the date of approval by the 2025 Annual General Meeting to the date of the 2026 Annual General Meeting. For specific details, please refer to the relevant announcements disclosed by the Company on Juchao Information Network (www.cninfo.com.cn) on March 31, 2026, and April 28, 2026.
II. Progress of Guarantee
Recently, the Company signed an "Irrevocable Guarantee Letter" with China Merchants Bank Co., Ltd. Suzhou Branch (hereinafter referred to as "China Merchants Bank Suzhou Branch") to provide a maximum joint liability guarantee of RMB 119.2 million for the comprehensive credit line business of Suzhou Huayuan Semiconductor with China Merchants Bank Suzhou Branch.
Before this guarantee, Suzhou Huayuan Semiconductor had an available guarantee quota of RMB 300 million, with an outstanding guarantee balance (provided and within the guarantee period) of RMB 0. After this guarantee, Suzhou Huayuan Semiconductor has an available guarantee quota of RMB 180.8 million, with an outstanding guarantee balance (provided and within the guarantee period) of RMB 119.2 million.