Shenzhen Xintian Technology Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, without false records, misleading statements, or significant omissions.
Special Reminder:
- After approval, the estimated total external guarantee limit for Shenzhen Xintian Technology Co., Ltd. and its subsidiaries is 652 million RMB, accounting for 129% of the Company's latest audited net assets, all of which are guarantees provided to entities within the scope of the consolidated financial statements.
- As of the date of this announcement, the actual guarantee amount provided by the Company and its subsidiaries within the scope of the consolidated financial statements is 492 million RMB, accounting for 97.34% of the Company's latest audited net assets, all of which are guarantees provided to entities within the scope of the consolidated financial statements.
- The estimated guarantee targets include Guangdong Xintian New Precision Manufacturing Co., Ltd., Suzhou Xintian Sheng Technology Co., Ltd., and Dongguan Aisi Communication Technology Co., Ltd., all of which have a debt-to-asset ratio exceeding 70%. Investors are advised to pay attention to investment risks.
On March 27, 2026, Shenzhen Xintian Technology Co., Ltd. held the ninth meeting of the fifth Board of Directors, which reviewed and approved the proposal on the estimated bank comprehensive credit and guarantee limits for 2026. This proposal is subject to review at the Company's 2025 annual shareholders' meeting. The relevant situation is announced as follows:
I. Overview of the Application for Bank Comprehensive Credit and External Guarantee Limits
To meet the production and operational needs of the Company and its subsidiaries (including wholly-owned subsidiaries and holding subsidiaries), the Company plans to apply for a total of 700 million RMB in comprehensive credit from 12 financial institutions, including China Merchants Bank, for 2026. To ensure the smooth implementation of the credit financing plan, the Company and its subsidiaries plan to provide a joint liability guarantee of no more than 160 million RMB for the wholly-owned subsidiary Suzhou Xintian New Precision Machinery Co., Ltd. (hereinafter referred to as "Suzhou Xintian New"), Guangdong Xintian New Precision Manufacturing Co., Ltd. (hereinafter referred to as "Guangdong Xintian New"), the wholly-owned subsidiary Suzhou Xintian Sheng Technology Co., Ltd. (hereinafter referred to as "Suzhou Xintian Sheng"), and the holding subsidiary Dongguan Aisi Communication Technology Co., Ltd. (hereinafter referred to as "Aisi Communication"). According to the "Shenzhen Stock Exchange GEM Stock Listing Rules," "Shenzhen Stock Exchange Listed Company Self-Regulatory Guidelines No. 2 - Standardized Operations of GEM Listed Companies," and the Company's Articles of Association, the above matters need to be submitted to the shareholders' meeting for review. The authorization for the application for bank comprehensive credit and estimated guarantee limits is valid from the date of approval by the 2025 annual shareholders' meeting until the next annual shareholders' meeting. The Company will fulfill its information disclosure obligations in a timely manner when specific guarantee business occurs.
II. Application for Bank Comprehensive Credit Limits
According to the operational development needs for 2026, the Company and its subsidiaries plan to apply for a total of 70 million RMB in comprehensive credit from 12 financial institutions (including but not limited to working capital loans, bank acceptance bills, bill discounting, trade financing, supply chain finance, domestic letters of credit, and guarantees). The details of the credit limits from each financial institution are as follows: