Securities Code: 300464
Securities Abbreviation: Xinghui Co., Ltd.
Announcement Number: 2026-088
Guangdong Xinghui Precision Manufacturing Co., Ltd. announces that 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.
Special Risk Reminder: The total amount of guarantees provided by Guangdong Xinghui Precision Manufacturing Co., Ltd. (hereinafter referred to as "the Company") for its subsidiaries exceeds 100% of the Company's most recent audited net assets. The Company and its subsidiaries have not provided guarantees for entities outside the consolidated financial statements. Investors are advised to pay attention to guarantee risks.
I. Overview of Guarantees
(1) Overview of Guarantee Matters
To meet the production and operational needs of the Company and its subsidiaries, the Company and its wholly-owned subsidiary, Qingyuan Xinghui Precision Manufacturing Co., Ltd. (hereinafter referred to as "Qingyuan Xinghui"), plan to apply for a comprehensive credit limit of no more than RMB 250 million from the Shunde Beijiao Branch of Agricultural Bank of China (hereinafter referred to as "Agricultural Bank"). The actual controller of the Company, Mr. Cai Gengxi, the concerted action party of the controlling shareholder, Xingye Investment, the Company's wholly-owned subsidiary Guangdong Xinghui Innovation Technology Co., Ltd. (hereinafter referred to as "Xinghui Innovation Technology"), and the controlling subsidiary Shenzhen Zebao Innovation Technology Co., Ltd. (hereinafter referred to as "Zebao Technology") will provide joint liability guarantees for this credit.
(2) Review Situation
On April 21, 2025, the Company held the 12th meeting of the 5th Board of Directors, which reviewed and approved the proposal on guarantees provided by the actual controller and its concerted action parties for the Company and its subsidiaries, as well as related party transactions. The Company will accept guarantees from Guangdong Xingye Investment Co., Ltd. (hereinafter referred to as "Xingye Investment"), Mr. Cai Gengxi, and Ms. Xie Xiaohua free of charge, with a guarantee period of three years from the date of the board resolution approving this proposal. Related directors Mr. Cai Gengxi and Ms. Xie Xiaohua abstained from voting. This proposal has been reviewed by the 3rd special meeting of independent directors of the 5th Board of Directors and agreed upon by all independent directors of the Company. For specific details, please refer to the announcement titled "Announcement on Guarantees Provided by the Actual Controller and Its Concerted Action Parties for the Company and Its Subsidiaries and Related Party Transactions" (Announcement Number: 2025-019) disclosed by the Company on April 22, 2025, on the Giant Tide Information Network (www.cninfo.com.cn).