300681SZSE

Announcement on Providing Guarantee Quota for Subsidiaries

✨ AI Summary

Zhuhai Yingboer Electric Co., Ltd. announced that it will provide a guarantee quota of up to RMB 360 million for its subsidiaries to support their financing needs. The guarantees will cover various financing activities, with specific limits for each subsidiary. The decision was approved by the board on April 13, 2026, and aims to facilitate business development without adversely affecting the company's operations or shareholder interests.

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Full Translation

AI Translation· azure_openai

Zhuhai Yingboer Electric Co., Ltd. (hereinafter referred to as "the Company") held the 15th meeting of the 4th Board of Directors on April 13, 2026, and approved the proposal on providing guarantee quotas for subsidiaries. The relevant information is announced as follows:

1. Overview of the Guarantee

To meet the business development and operational needs of its subsidiaries, the Company intends to provide guarantees for its subsidiaries when applying for comprehensive credit, project loans, and other financing from banks and financial institutions. The total guarantee amount shall not exceed RMB 360 million, with other shareholders of the guaranteed companies providing proportional guarantees or counter-guarantees based on their equity stakes. The forms of guarantees include but are not limited to general guarantees and joint liability guarantees. The validity period is from the date of approval by the annual general meeting in 2025 until the annual general meeting in 2026, and the guarantee amount can be used on a rolling basis within the above cumulative limit.

2. Expected Guarantee Quota

GuarantorGuaranteed PartyGuarantor's Shareholding RatioGuaranteed Party's Latest Asset-Liability RatioCurrent Guarantee Balance (10,000 RMB)New Guarantee Quota (10,000 RMB)Guarantee Quota as Percentage of Latest Net Assets of Listed CompanyRelated Guarantee
Zhuhai Yingboer Electric Co., Ltd.Shandong Yingboer Electric Co., Ltd.100%40.19%0.0030,0009.87%No
Zhuhai Yingboer Electric Co., Ltd.Yunfu Yinghang Intelligent Technology Co., Ltd.60%70.49%5406,0001.97%No

Note: 1. The latest net assets of Zhuhai Yingboer Electric Co., Ltd. are based on the audited net assets attributable to shareholders of the listed company for the year 2025.
2. The latest asset-liability ratio of the guaranteed parties is calculated based on financial data as of December 31, 2025.

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