Overview of Guarantees
Lens Technology Co., Ltd. (hereinafter referred to as "the Company" or "Lens Technology") approved the proposal to provide guarantees for its subsidiaries at the 11th meeting of the 5th Board of Directors. This is to meet the funding needs for production and operations of each subsidiary and to support their business activities. The guarantees will facilitate the subsidiaries in applying for working capital loans from commercial banks, issuing letters of credit, accepting bills, engaging in factoring and derivative transactions, financing for investment and mergers, project financing for park construction, purchasing goods or services from suppliers, engaging in supply chain finance, and fulfilling debts under business contracts with clients. The guarantees are as follows:
- Up to RMB 10 billion for Lens Technology (Changsha) Co., Ltd.
- Up to RMB 6 billion for Lens International (Hong Kong) Co., Ltd.
- Up to RMB 8 billion for Lens Technology (Xiangtan) Co., Ltd.
- Up to RMB 500 million for Lens Technology (Dongguan) Co., Ltd.
- Up to RMB 500 million for Lens Intelligent Control (Changsha) Co., Ltd.
- Up to RMB 6 billion for Lens Precision (Taizhou) Co., Ltd.
- Up to RMB 3 billion for Lens Technology (Vietnam) Co., Ltd.
- Up to RMB 500 million for Shenzhen Lens Technology Co., Ltd.
- Up to RMB 1 billion for Lens Intelligent Robot (Changsha) Co., Ltd.
- Up to USD 10 million for FORTITER TECHNOLOGY CO., LTD.
The validity period of the above guarantees is from the date of approval by the Company's 2025 annual shareholders' meeting until the date of the Company's 2026 annual shareholders' meeting, and they can be reused within the limits. The Company and all members of the Board guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
| No. | Guarantor | Guaranteed Party | Relationship with the Company | Latest Asset-Liability Ratio as of March 30, 2026 | Guarantee Balance | New Guarantee Limit | Guarantee Limit as a Percentage of Latest Net Assets of the Listed Company | Related Guarantee |
|---|---|---|---|---|---|---|---|---|
| 1 | Lens Technology | Lens Technology (Changsha) Co., Ltd. | Wholly-owned subsidiary | 38.60% | RMB 2.688 billion | RMB 10 billion | 4.89% | No |
| 2 | Lens Technology | Lens International (Hong Kong) Co., Ltd. | Wholly-owned subsidiary | 52.94% | RMB 108 million | RMB 6 billion | 0.20% | No |
| 3 | Lens Technology | Lens Technology (Xiangtan) Co., Ltd. | Wholly-owned subsidiary | 49.93% | RMB 421 million | RMB 8 billion | 0.77% | No |
| 4 | Lens Technology | Lens Technology (Dongguan) Co., Ltd. | Wholly-owned subsidiary | 33.85% | - | RMB 500 million | - | No |
| 5 | Lens Technology | Lens Intelligent Control (Changsha) Co., Ltd. | Wholly-owned subsidiary | 17.03% | - | RMB 500 million | - | No |
| 6 | Lens Technology | Lens Precision (Taizhou) Co., Ltd. | Wholly-owned subsidiary | 34.46% | RMB 1.936 billion | RMB 6 billion | 3.52% | No |
| 7 | Lens Technology | Lens Technology (Vietnam) Co., Ltd. | Wholly-owned subsidiary | 54.02% | - | RMB 3 billion | - | No |
| 8 | Lens Technology | Shenzhen Lens Technology Co., Ltd. | Wholly-owned subsidiary | 82.77% | - | RMB 500 million | - | No |
| 9 | Lens Technology | Lens Intelligent Robot (Changsha) Co., Ltd. | Holding subsidiary | 77.95% | RMB 146 million | RMB 1 billion | 0.26% | No |
| 10 | Lens Technology | FORTITER TECHNOLOGY CO., LTD. | Holding subsidiary | 82.54% | - | USD 10 million | - | No |