300077SZSE
🚨 Material Event

Progress Announcement on Providing Guarantees for a Wholly-Owned Subsidiary

NSING TECHNOLOGIES INC.··3 pages

✨ AI Summary

This announcement details the progress of NationalChip's guarantee for its subsidiary, Inner Mongolia Sno. The company has signed a guarantee contract with Beijing Zhongguancun Bank for a credit line of RMB 30 million. This brings the total outstanding guarantees to RMB 122,952.96 million, exceeding 100% of the net assets.

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Full Translation

AI Translation· gemini_document

NationalChip

Securities Code: 300077

Securities Abbreviation: NationalChip

Announcement No.: 2026-045

NationalChip Co., Ltd.

Announcement on the Progress of Providing Guarantees for a Wholly-Owned Subsidiary

The Company and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.

Special Risk Warning:

Upon the effectiveness of this guarantee, the total amount of guarantees provided by NationalChip Co., Ltd. (hereinafter referred to as the "Company" or "NationalChip") and its wholly-owned subsidiaries will exceed 100% of the Company's net assets as audited most recently. The amount of guarantees provided by the Company for entities with an asset-liability ratio exceeding 70% will exceed 50% of the Company's net assets as audited most recently. The aforementioned guarantees are all guarantees provided by the Company for its subsidiaries within the consolidated statements and guarantees provided between subsidiaries within the consolidated statements. Investors are requested to pay close attention to the guarantee risks.

I. Overview of Guarantee Situation

The Company held the 17th meeting of the Sixth Board of Directors on March 30, 2026, and the 2025 Annual Shareholders' Meeting on May 15, 2026, and deliberated and approved the "Proposal on the Estimated Guarantee Amount for Subsidiaries in 2026". It was agreed that the Company would provide an additional joint liability guarantee for Inner Mongolia Sno New Material Technology Co., Ltd. (hereinafter referred to as "Inner Mongolia Sno") with a total limit not exceeding RMB 580 million. The validity period of the guarantee limit is from the date of deliberation and approval by the Company's 2025 Annual Shareholders' Meeting to the date of the 2026 Annual Shareholders' Meeting. The guarantee limit can be used in a revolving manner within the approved amount.

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