Securities Code: 300568
Securities Abbreviation: Xinyuan Material
Announcement Number: 2026-016
Shenzhen Xinyuan Material Technology Co., Ltd. announces that the company and all members of the board guarantee that the content of the information disclosure is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
Special Risk Warning: The company and its subsidiaries expect the guarantee amount for 2026 to exceed 100% of the most recent audited net assets. Investors are advised to pay attention to the associated risks.
1. Overview of Guarantees
To meet the funding needs for production and operations of its subsidiaries, Shenzhen Xinyuan Material Technology Co., Ltd. (hereinafter referred to as "the Company") plans for its subsidiaries to apply for comprehensive credit facilities from banks and other financial institutions, with guarantees provided by the Company or its subsidiaries totaling no more than RMB 17.8 billion. The guarantee methods include but are not limited to joint liability guarantees, equity pledges of subsidiaries, asset mortgages, and asset pledges. Among these, the guarantees for subsidiaries with a debt-to-asset ratio below 70% are expected to total no more than RMB 10.6 billion (including this amount), while those for subsidiaries with a debt-to-asset ratio above 70% are expected to total no more than RMB 7.2 billion (including this amount). The specific guarantee amounts are as follows:
| Guarantor | Guaranteed Party | Guarantor's Shareholding Ratio | Guaranteed Party's Latest Debt-to-Asset Ratio | Guarantee Balance (10,000 RMB) | Proposed Guarantee Amount for 2026 (10,000 RMB) | Guarantee Amount as a Percentage of the Company's Latest Net Assets | Related Party Guarantee |
|---|---|---|---|---|---|---|---|
| Hefei Xinyuan New Energy Materials Co., Ltd. (hereinafter "Hefei Xinyuan") | 41.54% | 49.20% | 10,526.23 | 40,000.00 | 4.06% | No | |
| Jiangsu Xinyuan New Materials Technology Co., Ltd. (hereinafter "Jiangsu Xinyuan") | 100.00% | 46.13% | 46,125.00 | 150,000.00 | 15.21% | No | |
| Changzhou Xinyuan New Energy Materials Co., Ltd. (hereinafter "Changzhou Xinyuan") | 100.00% | 52.68% | 59,839.18 | 80,000.00 | 8.11% | No | |
| Xinyuan Clean Energy (Nantong) Co., Ltd. (hereinafter "Nantong Clean Energy") | 100.00% | 2.01% | 0 | 10,000.00 | 1.01% | No | |
| Senior Material Holding Company (Europe) AB (hereinafter "European Holding Company") | 100.00% | 56.31% | 103,000.88 | 130,000.00 | 13.18% | No | |
| Xinyuan Material International (Hong Kong) Co., Ltd. (hereinafter "Hong Kong Xinyuan") | 100.00% | 28.28% | 0 | 60,000.00 | 6.08% | No | |
| Innovate New Materials Technology (Malaysia) Co., Ltd. (hereinafter "Innovate") | 100.00% | 39.62% | 20,751.16 | 300,000.00 | 30.42% | No | |
| Senior International Holding (Singapore) Pte. Ltd. (hereinafter "Singapore Xinyuan") | 100.00% | 25.75% | 0 | 60,000.00 | 6.08% | No | |
| Innovate (Singapore) Co., Ltd. | 100.00% | 16.50% | 0 | 180,000.00 | 18.25% | No | |
| Green New Energy Materials Inc. (hereinafter "US Xinyuan") | 100.00% | 63.30% | 0 | 50,000.00 | 5.07% | No | |
| Xinyuan Material (Foshan) New Materials Technology Co., Ltd. (hereinafter "Foshan Xinyuan") | 60.00% | 71.31% | 172,376.10 | 400,000.00 | 40.56% | No | |
| Xinyuan Material (Nantong) New Materials Technology Co., Ltd. (hereinafter "Nantong Xinyuan") | 100.00% | 77.25% | 203,708.12 | 320,000.00 | 32.45% | No | |
| Total | 616,326.67 | 1,780,000.00 | 180.49% |
Within the guarantee limit of no more than RMB 17.8 billion, except for the total guarantee amount of RMB 7.2 billion for subsidiaries Foshan Xinyuan and Nantong Xinyuan, the Company’s management can allocate the guarantee amounts among other subsidiaries based on actual operational conditions.