Beijing Wanjie Technology Co., Ltd. Announcement on the Estimated Guarantee Quota for the Company to Provide Guarantees for its Holding Subsidiary The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosure, and are free from any false records, misleading statements, or material omissions.
I. Overview of Guarantee Situation
Beijing Wanjie Technology Co., Ltd. (hereinafter referred to as "Wanjie Technology" or "the Company") held the 23rd meeting of the Fifth Board of Directors on March 30, 2026, and deliberated and passed the "Proposal on the Estimated Guarantee Quota for the Company to Provide Guarantees for its Holding Subsidiary." To meet the business development needs of its holding subsidiary, Wuhan Wanjie Optoelectronics Technology Co., Ltd. (hereinafter referred to as "Wuhan Wanjie"), it was agreed to provide a joint liability guarantee of up to RMB 50 million for Wuhan Wanjie. The validity period of this estimated guarantee quota is 12 months from the date of deliberation and approval by the 2025 annual shareholders' meeting, and this quota can be used cyclically within the authorized period.
The Company held the 23rd meeting of the Fifth Board of Directors on March 30, 2026. The meeting unanimously approved the "Proposal on the Estimated Guarantee Quota for the Company to Provide Guarantees for its Holding Subsidiary" with 8 votes in favor, 0 votes against, and 0 abstentions. Director Zhai Jun abstained from voting. This proposal has been deliberated and approved by the Company's Independent Directors' Special Committee and the Board of Directors' Audit Committee.
According to the "Rules Governing the Listing of Stocks on the ChiNext Market of the Shenzhen Stock Exchange" and the "Articles of Association," the asset-liability ratio of the guaranteed party, Wuhan Wanjie, exceeds 70%, and this guarantee matter needs to be submitted to the Company's shareholders' meeting for deliberation.
II. Specifics of the Estimated Guarantee
- Specifics of the Estimated Guarantee are as follows: Unit: RMB 10,000
| Guarantor | Guaranteed Party | Proportion of Shares Held in Guaranteed Party | Latest Audited Asset-Liability Ratio of Guaranteed Party | Balance of Previous Guarantees | New Guarantee Amount | Proportion of This Guarantee Amount to the Company's Latest Audited Net Assets | Is it a Related Party Guarantee? |
|---|---|---|---|---|---|---|---|
| Wanjie Technology | Wuhan Wanjie | 80.00% | 95.50% | 3,000 | 5,000 | 2.84% | No |
- Business Authorization
To improve work efficiency and promptly handle credit and guarantee business, the Board of Directors authorizes the Company's management to decide on relevant matters within the approved credit and guarantee quota, and to handle specific procedures, including but not limited to signing relevant business contracts and agreements.
III. Basic Information of the Guaranteed Party