300825SZSE

Announcement on Providing Guarantee for Wholly-Owned Subsidiary's Credit Application to Bank

IAT Automobile Technology Co., Ltd.··3 pages

✨ AI Summary

Artaitech will provide a joint liability guarantee for its wholly-owned subsidiary, Artaitech (Beijing) Intelligent Vehicle Performance Technology Co., Ltd., to apply for a credit line of RMB 20 million from Beijing Bank. The guarantee is for working capital and business development, and is deemed controllable by the board.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· gemini_document

Securities Code: 300825

Securities Abbreviation: Artaitech

Announcement Number: 2026-046

Artaitech Co., Ltd.

Announcement on Providing Guarantee for Wholly-Owned Subsidiary's Credit Application to Bank

The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false representations, misleading statements, or material omissions.

I. Overview of the Credit Application and Guarantee Situation

To meet production and operational needs, Artaitech Co., Ltd. (hereinafter referred to as the Company) wholly-owned subsidiary, Artaitech (Beijing) Intelligent Vehicle Performance Technology Co., Ltd. (hereinafter referred to as Artaitech Performance), intends to apply for a comprehensive credit line of no more than RMB 20 million from the Zhongguancun Branch of Beijing Bank Co., Ltd. (hereinafter referred to as Beijing Bank). The credit period is 12 months, and the specific terms are subject to the final contract signed. The Company intends to provide a joint liability guarantee for Artaitech Performance's comprehensive credit application to Beijing Bank, with a guarantee amount not exceeding RMB 20 million.

On August 7, 2026, the Company held the 32nd meeting of the Fifth Board of Directors, which deliberated and approved the "Proposal on Providing Guarantee for Wholly-Owned Subsidiary's Credit Application to Bank." In accordance with the "Rules Governing the Listing of Stocks on the Growth Enterprise Market of the Shenzhen Stock Exchange," the "Articles of Association of Artaitech Co., Ltd.," and the Company's "Management System for External Guarantees," this external guarantee matter does not require submission to the Company's shareholders' meeting for deliberation.

II. Basic Information of the Guaranteed Party

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.