Wuxi Deko Electronic Materials Co., Ltd. Announcement on Progress of Guarantee for Subsidiaries
The company and all members of the board of directors guarantee the content of this information disclosure is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.
I. Overview of Guarantee Situation
Wuxi Deko Electronic Materials Co., Ltd. (hereinafter referred to as the "Company") held the Third Board of Directors' Fourteenth Meeting and the Third Supervisory Board's Sixteenth Meeting on October 28, 2025, and the 2025 Second Extraordinary General Meeting of Shareholders on November 13, 2025. The proposal "Proposal on the Estimated Guarantee Quota for Subsidiaries" was deliberated and approved. It was agreed that the Company would provide guarantees for subsidiaries within the scope of the consolidated financial statements, with an estimated guarantee quota not exceeding RMB 1.6 billion. The guarantee quota is valid for 12 months from the date of approval by the General Meeting of Shareholders and can be used repeatedly within this authorized period. Within this quota, the Company will not submit separate board of directors or general meeting of shareholders reviews for each guarantee matter. Within the corresponding authorized scope, the Company's Board of Directors authorizes/requests the General Meeting of Shareholders to authorize the Chairman to sign relevant legal documents on behalf of the Company, and authorizes the management to handle relevant matters. Without exceeding the total approved guarantee quota, the Company's management may adjust the guarantee quota for each subsidiary (including newly established subsidiaries or subsidiaries included in the consolidated scope within the authorization period) moderately within the total guarantee quota based on the actual operating situation. The actual guaranteed amount shall be subject to the finally signed guarantee contract. For details, please refer to the "Announcement on the Estimated Guarantee Quota for Subsidiaries" disclosed by the Company on the Juchao Information Network on October 29, 2025 (Announcement No.: 2025-066).
II. Progress of Guarantee
To meet the needs of business development, the Company recently signed a "Maximum Guarantee Contract" with Huishang Bank Co., Ltd. Shenzhen Branch (hereinafter referred to as "Huishang Bank Shenzhen Branch"). The Company agreed to provide a joint liability guarantee for the principal debt of RMB 50 million for the financing of its holding subsidiary, Shenzhen Dream Crystal Testing Technology Co., Ltd. (hereinafter referred to as "Dream Crystal").