Securities Code: 300863
Securities Abbreviation: Capey
Announcement No.: 2026-039
Ningbo Capey Electric Technology Co., Ltd.
Announcement on Progress of Guarantee for Wholly-Owned Subsidiary's Credit Facility
The Company and the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or material omissions.
I. Overview of Guarantee Situation
Ningbo Capey Electric Technology Co., Ltd. (hereinafter referred to as the "Company" or "this Company") held the Ninth Meeting of the Fourth Board of Directors on April 24, 2026, and reviewed and approved the "Proposal on the Estimated Credit Line and Guarantee Limit for the Company and its Subsidiaries in 2026". On May 18, 2026, the 2025 Annual Shareholders' Meeting reviewed and approved the aforementioned proposal, agreeing that the Company and its subsidiaries would apply for a comprehensive credit line from banks totaling no more than RMB 4.5 billion in 2026, and agreeing that the Company would provide a guarantee limit of no more than RMB 2 billion for the credit lines of its wholly-owned subsidiaries in 2026. For details, please refer to the "Resolution of the Ninth Meeting of the Fourth Board of Directors" (Announcement No.: 2026-013) disclosed on Juchao Information Network (www.cninfo.com.cn) on April 25, 2026, the "Announcement on the Estimated Comprehensive Credit Line and Guarantee Limit for the Company and its Subsidiaries in 2026" (Announcement No.: 2026-018) disclosed on May 18, 2026, and the "Resolution of the 2025 Annual Shareholders' Meeting" (Announcement No.: 2026-030).
II. Progress of Guarantee
To meet the operating and business development needs of its subsidiary, the Company recently signed a "Master Guarantee Agreement" with the Shanghai Minhang Branch of Jiangsu Bank Co., Ltd. (hereinafter referred to as "Jiangsu Bank"). The agreement stipulates that the Company will provide a gratuitous joint and several liability guarantee for the credit line of Shanghai Capey New Energy Technology Co., Ltd. (hereinafter referred to as "Shanghai Capey") with Jiangsu Bank, not exceeding RMB 60 million.
As of the date of this announcement, the guarantee provided by the Company for Shanghai Capey is as follows: