1. Overview of Guarantees
Tianjin Jingwei Huikai Optoelectronics Co., Ltd. (hereinafter referred to as "Jingwei Huikai" or "the Company") held the 15th meeting of the 6th Board of Directors and the first extraordinary general meeting of shareholders on January 13, 2026, and January 29, 2026, respectively. The meetings approved the proposal regarding the application for comprehensive credit and provision of guarantees for the Company and its subsidiaries for the year 2026. The Company and its subsidiaries are authorized to apply for a cumulative comprehensive credit limit not exceeding 1,995 million RMB from banks and non-bank financial institutions as needed, and to provide guarantees for this credit limit, which includes new guarantees and the extension or renewal of existing guarantees. The validity period for the comprehensive credit limit and the expected guarantee limit is 12 months from the date of approval by the shareholders' meeting. Within the approved limit, the Company will not require separate deliberation for each comprehensive credit or guarantee matter. The actual guarantee amount can be reused within the authorized range. The management of the Company may adjust the guarantee limits for subsidiaries (including newly established subsidiaries within the authorization period) based on actual operating conditions, provided that the total approved guarantee limit is not exceeded. The actual guarantee amount will be subject to the final signed guarantee contracts. For specific details, please refer to the announcement titled "Announcement on the Application for Comprehensive Credit and Provision of Guarantees for 2026" (Announcement No.: 2026-03) disclosed by the Company on January 14, 2026, on the Giant Tide Information Network.