- Securities Code: 300083
Securities Abbreviation: Genesis
Announcement Number: 2026-014
Announcement on Adjusting the Comprehensive Credit Limit Application and Providing Guarantees for Subsidiaries in 2026
Guangdong Genesis Intelligent Equipment Group 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, with no false records, misleading statements, or significant omissions.
Special Reminder:
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Guangdong Genesis Intelligent Equipment Group Co., Ltd. plans to adjust the comprehensive credit limit application for 2026 from a maximum of 6.5 billion RMB to a maximum of 8 billion RMB based on operational goals, overall development planning, and daily operational funding needs.
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Based on the above financing needs, the Company plans to adjust the guarantee limit for subsidiaries and add new subsidiaries as guarantee objects, increasing the total guarantee amount from the previously estimated maximum of 2.5 billion RMB to a maximum of 6.5 billion RMB. This includes providing guarantees for the wholly-owned subsidiary Shenzhen Genesis Machinery Co., Ltd. (hereinafter referred to as "Shenzhen Genesis") and adding Zhejiang Genesis Machinery Co., Ltd. (hereinafter referred to as "Zhejiang Genesis"), Genesis Industrial Equipment (Guangdong) Co., Ltd. (hereinafter referred to as "Genesis Industrial Equipment (Guangdong)"), Hong Kong Taichun Machinery Equipment Co., Ltd. (hereinafter referred to as "Hong Kong Taichun"), Shenzhen Hualing Intelligent Equipment Co., Ltd. (hereinafter referred to as "Hualing Intelligent"), and other newly established or included subsidiaries as guarantee objects.
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The total amount of guarantees provided by the Company exceeds 100% of the latest audited net assets. The aforementioned guarantees are provided for units within the scope of the consolidated financial statements, and the risks are within the Company's controllable range. Genesis Industrial Equipment (Guangdong) is a wholly-owned subsidiary of the Company, Zhejiang Genesis is a wholly-owned subsidiary of Shenzhen Genesis holding 100%, and Hualing Intelligent is a subsidiary of Shenzhen Genesis holding 60% indirectly. The asset-liability ratios of these three companies exceed 70%, and investors should pay full attention to guarantee risks.
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The Company and its subsidiaries plan to adjust the comprehensive credit limit application for 2026 and the guarantee limit for subsidiaries based on actual financing needs. On March 30, 2026, the Company held the third meeting of the seventh board of directors, which approved the proposal on adjusting the comprehensive credit limit application and providing guarantees for subsidiaries with a vote of 5 in favor, 0 against, and 0 abstentions. The specific situation is announced as follows:
I. Adjustment of Credit Limit Application and Guarantee Matters
(1) Previous Financing Limit and Guarantee Limit Review
To meet the daily operational funding needs and continuously optimize the financing structure, the Company and its subsidiaries (including wholly-owned, holding subsidiaries, and sub-subsidiaries) originally planned to apply for a total comprehensive credit limit of no more than 6.5 billion RMB in 2026. The credit application scope includes but is not limited to bank loans, factoring financing, bank acceptance bills, etc. The credit term is subject to the specific signed credit contract, and the limit can be used on a rolling basis within the validity period. Due to the above financing needs, the Company plans to provide a guarantee limit of no more than 2.5 billion RMB for Shenzhen Genesis in 2026. These matters were approved at the 27th meeting of the sixth board of directors held on November 28, 2025, and the sixth extraordinary general meeting of shareholders held on December 15, 2025. For specific details, please refer to the announcements published on the Giant Tide Information Network (www.cninfo.com.cn) regarding the comprehensive credit limit application for 2026, the provision of guarantees for subsidiaries, and the resolutions of the sixth extraordinary general meeting of shareholders in 2025.