Securities Code: 300008 Securities Abbreviation: Tianhai Defense Announcement No.: 2026-041 Tianhai Fusion Defense Equipment Technology Co., Ltd. Announcement on Providing Guarantees for Subsidiaries The company and all members of its board of directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.
I. Overview (I) Basic Situation Due to operational needs, Tianhai Fusion Defense Equipment Technology Co., Ltd. (hereinafter referred to as "Tianhai Defense" or "the Company") intends to issue a "Company Guarantee" for its wholly-owned subsidiary, Jiangsu Dajin Heavy Industry Co., Ltd. (hereinafter referred to as "Dajin Heavy Industry"), to provide guarantees for the subsidiary's application for comprehensive credit lines and financing lease businesses. The specific situation is as follows:
- Dajin Heavy Industry has undertaken the shipbuilding project for two 40,400 DWT bulk carriers (hull numbers: DJHC6408, DJHC6410) and two 64,500 DWT bulk carriers (hull numbers: DJHC6611, DJHC6612), and has signed shipbuilding contracts with the shipowner, Messrs. EOS Shipping and Trading Ltd. or their Nominee. The Company intends to provide guarantees for Dajin Heavy Industry for the above four contracts, with a total guarantee amount of USD 924.66 million, equivalent to approximately RMB 63.0156 million (calculated at the exchange rate on June 22, 2026; the actual guarantee amount will be calculated at the exchange rate at the time of guarantee occurrence), and will issue four "Company Guarantees."
- Given that Dajin Heavy Industry's comprehensive credit line of RMB 15 million from the Yangzhong Branch of Bank of China Limited (hereinafter referred to as "Bank of China") is about to expire, it is proposed to apply for a comprehensive credit line of no more than RMB 15 million from Bank of China, with a term of no more than one year, mainly for supplementing working capital for production and operation. The Company will provide a joint liability guarantee for the maximum principal amount of no more than RMB 10 million for the above comprehensive credit line and sign a "Maximum Amount Guarantee Contract."
- Dajin Heavy Industry intends to use part of its machinery and equipment as leased assets for financing lease business with Sanyin Financial Leasing Co., Ltd. The financing amount is RMB 109.7104 million, with a term of no more than one year. The Company will provide a joint liability guarantee for the total rent (including interest) generated by the financing lease business, totaling RMB 112.432825 million, and sign a "Guarantee Contract."
- Given that Shanghai Wujin Natural Gas Utilization Co., Ltd. (hereinafter referred to as "Wujin Natural Gas") has applied for a comprehensive credit line of RMB 5 million from the Songjiang Branch of Shanghai Rural Commercial Bank Co., Ltd. (hereinafter referred to as "Shanghai Rural Commercial Bank"), which is about to expire, it is proposed to apply for a comprehensive credit line of no more than RMB 5 million from Shanghai Rural Commercial Bank, with a term of no more than one year, mainly for supplementing working capital for production and operation. The Company will provide a joint liability guarantee for the maximum principal amount of no more than RMB 5 million for the above comprehensive credit line and sign a "Guarantee Contract."