Securities Code: 300567 Securities Abbreviation: Testing Electronics Announcement No.: 2026-053
Wuhan Testing Electronic Group Co., Ltd. Announcement on Providing Guarantees for Subsidiaries' Bank Credit Applications
The Company and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.
Special Notice:
- Wuhan Testing Electronic Group Co., Ltd. (hereinafter referred to as "the Company" or "Testing Electronics") and its subsidiaries plan to provide guarantees, and the total amount of guarantees has exceeded 100% of the Company's latest audited net assets. The aforementioned guarantees are mainly for guarantees provided by the Company or its wholly-owned subsidiaries to their wholly-owned subsidiaries (or grandchild companies) and controlled subsidiaries, and the guarantee risk is controllable.
- Among the parties to be guaranteed this time, Wuhan Jingneng Electronic Technology Co., Ltd. (hereinafter referred to as "Wuhan Jingneng"), Wuhan Jinghong Electronic Technology Co., Ltd. (hereinafter referred to as "Wuhan Jinghong"), Changzhou Testing New Energy Technology Co., Ltd. (hereinafter referred to as "Changzhou Testing"), Shanghai Jingji Micro Semiconductor Technology Co., Ltd. (hereinafter referred to as "Shanghai Jingji Micro"), Suzhou Jingcai Semiconductor Technology Co., Ltd. (hereinafter referred to as "Suzhou Jingcai"), Beijing Jingyiguang Optoelectronics Technology Co., Ltd. (hereinafter referred to as "Beijing Jingyiguang"), and Honglai Optoelectronics Co., Ltd. (hereinafter referred to as "Honglai Optoelectronics") have asset-liability ratios exceeding 70% as of December 31, 2025. The total new guarantee amount provided by the Company for Wuhan Jingneng, Wuhan Jinghong, Changzhou Testing, Shanghai Jingji Micro, Suzhou Jingcai, Beijing Jingyiguang, and Honglai Optoelectronics is RMB 1,030 million, accounting for 23.72% of the Company's latest audited net assets.
- The entities involved in this planned guarantee are all within the scope of the Company's consolidated financial statements. The guarantee risk is within the Company's controllable range. Investors are kindly requested to pay attention to risk prevention.
On April 26, 2026, the Company held the 12th meeting of the Fifth Board of Directors, which reviewed and approved the "Proposal on Providing Guarantees for Subsidiaries' Bank Credit Applications." This proposal needs to be submitted to the Company's 2025 Annual Shareholders' Meeting for approval.
I. Overview of Guarantees