Securities Code: 300825 Securities Abbreviation: Alt Announcement No.: 2026-008
Alt Car Technology Co., Ltd. Announcement on Guarantee for Wholly-Owned Subsidiaries' Bank Credit Applications
The Company and the entire Board of Directors guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
I. Overview of Credit and Guarantee Situation
To meet production and operational needs, Alt Car Technology Co., Ltd. (hereinafter referred to as the Company or Alt), its wholly-owned subsidiaries Guangzhou Alt Car Technology Co., Ltd. (hereinafter referred to as Guangzhou Alt), Wuhan Alt Car Technology Co., Ltd. (hereinafter referred to as Wuhan Alt), and Changchun Alt Car Technology Co., Ltd. (hereinafter referred to as Changchun Alt) plan to apply for a comprehensive credit line totaling no more than RMB 23,000 million from banks. The credit period is 1 year, and the specific details are subject to the final signed contract. The Company will provide joint liability guarantees for these wholly-owned subsidiaries' bank credit applications, with the guarantee amount not exceeding RMB 23,000 million. The specific situation is as follows:
Unit: RMB million
| Credit Institution | Borrowing Party/Guaranteed Party | Guarantor | Credit Line | Credit Period | Guarantee Amount |
|---|---|---|---|---|---|
| Guangzhou Bank Co., Ltd. Guangzhou Branch | Guangzhou Alt | 3,000 | 12 months | 3,000 | |
| Guangfa Bank Co., Ltd. Guangzhou Branch | Alt | 5,000 | 12 months | 5,000 | |
| Hubei Bank Co., Ltd. Small and Medium Enterprise Financial Service Center | Wuhan Alt | 3,000 | 12 months | 3,000 | |
| Bank of Hankou Co., Ltd. Hanyang Sub-branch | 3,000 | 12 months | 3,000 | ||
| China Everbright Bank Co., Ltd. Changchun Branch | Changchun Alt | 4,000 | 12 months | 4,000 | |
| Bank of China Limited Jilin Branch | 5,000 | 12 months | 5,000 | ||
| Total | 23,000 | 23,000 |
The Company convened the 27th meeting of the Fifth Board of Directors on March 30, 2026, and deliberated and passed the "Proposal on Providing Guarantees for Wholly-Owned Subsidiaries' Bank Credit Applications." In accordance with the "Shenzhen Stock Exchange GEM Stock Listing Rules," the "Articles of Association of Alt Car Technology Co., Ltd.," and the Company's "Guaranteed Management System," this external guarantee matter does not require submission to the Company's shareholders' meeting for deliberation.
II. Basic Information of the Guaranteed Party
(I) Guangzhou Alt