Securities Code: 300207 Securities Abbreviation: Xinwanda Announcement No.: <Xin>2026-027
Xinwanda Electronic Co., Ltd. Announcement on Providing Guarantees for Subsidiaries
The Company and all members of its Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free from any false representations, misleading statements, or material omissions.
I. Overview of Guarantee Situation
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Shenzhen Xin Huicai Technology Co., Ltd. (hereinafter referred to as "Xin Huicai"), a wholly-owned subsidiary of Xinwanda Electronic Co., Ltd. (hereinafter referred to as "the Company" or "Xinwanda"), needs to apply for a comprehensive credit line of no more than RMB 200 million (inclusive) from banks, financial leasing companies, and other financial institutions for its business development needs. The term of the credit line shall not exceed 3 years (inclusive) and will be used for short-term and long-term working capital loans, bank acceptance drafts, trade finance, guarantees, letters of credit, and financial leasing services.
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Shenzhen Xinwanda Renewable Materials Co., Ltd. (hereinafter referred to as "Xinwanda Renewable Materials"), a holding subsidiary of Xinwanda, needs to apply for a comprehensive credit line of no more than RMB 300 million (inclusive) from banks, financial leasing companies, and other financial institutions for its business development needs. The term of the credit line shall not exceed 3 years (inclusive) and will be used for short-term and long-term working capital loans, bank acceptance drafts, trade finance, guarantees, letters of credit, and financial leasing services.
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Longnan Jun Sheng Materials Co., Ltd. (hereinafter referred to as "Longnan Jun Sheng"), a holding subsidiary of Xinwanda, needs to apply for a comprehensive credit line of no more than RMB 300 million (inclusive) from banks, financial leasing companies, and other financial institutions for its business development needs. The term of the credit line shall not exceed 3 years (inclusive) and will be used for short-term and long-term working capital loans, bank acceptance drafts, trade finance, guarantees, letters of credit, and financial leasing services.
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Shenzhen Xinwanda Resource Development Co., Ltd. (hereinafter referred to as "Xinwanda Resource Development"), a wholly-owned subsidiary of Xinwanda, needs to apply for a comprehensive credit line of no more than RMB 300 million (inclusive) from banks, financial leasing companies, and other financial institutions for its business development needs. The term of the credit line shall not exceed 3 years (inclusive) and will be used for short-term and long-term working capital loans, bank acceptance drafts, trade finance, guarantees, letters of credit, and financial leasing services.
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Jiangxi Liweng Supply Chain Management Co., Ltd. (hereinafter referred to as "Jiangxi Liweng"), a holding subsidiary of Xinwanda, needs to apply for a comprehensive credit line of no more than RMB 300 million (inclusive) from banks, financial leasing companies, and other financial institutions for its business development needs. The term of the credit line shall not exceed 3 years (inclusive) and will be used for short-term and long-term working capital loans, bank acceptance drafts, trade finance, guarantees, letters of credit, and financial leasing services.
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Xinwanda Power Technology Co., Ltd. (hereinafter referred to as "Xinwanda Power"), a holding subsidiary of Xinwanda, needs to apply for a comprehensive credit line of no more than RMB 4 billion (inclusive) from banks, financial leasing companies, and other financial institutions for its business development needs. The term of the credit line shall not exceed 3 years (inclusive) and will be used for short-term and long-term working capital loans, bank acceptance drafts, trade finance, guarantees, letters of credit, and financial leasing services.