300889SZSE

Progress Announcement on Providing Guarantees for Subsidiary's Bank Loan Application

Aike Co., Ltd.·

✨ AI Summary

Shenzhen Aikelaite Technology Co., Ltd. has approved a guarantee for its subsidiary, Fenghui New Energy Co., Ltd., for a bank loan of RMB 10 million. The guarantee covers 55% of the principal debt. The total guarantee amount for the company and its subsidiaries is now RMB 810 million, with no overdue guarantees reported.

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Full Translation

AI Translation· azure_openai

Shenzhen Aikelaite Technology Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, with no false records, misleading statements, or significant omissions.

1. Overview of the Guarantee Situation

On March 5, 2026, the Company held the 13th meeting of the 6th Board of Directors and on March 27, 2026, the annual shareholders' meeting for 2025, where it reviewed and approved the proposal regarding the Company, subsidiaries, and subsidiaries applying for comprehensive credit limits from banks and other financial institutions and providing guarantees for subsidiaries. It was agreed that in 2026, the Company, subsidiaries, and subsidiaries would apply for a total comprehensive credit limit not exceeding RMB 3.55 billion from banks and other financial institutions, and provide guarantees for the following wholly-owned subsidiaries and holding subsidiaries: Shenzhen Aite Hardware Products Co., Ltd., Foshan Shunde Yongchuang Xiangyi Electronic Materials Co., Ltd.; holding subsidiary Shenzhen Fenghui Technology Co., Ltd., Wuxi Shuguang Precision Industry Co., Ltd.; and holding subsidiary Shenzhen Fenghui New Energy Co., Ltd. The guarantee amounts are RMB 30 million, RMB 400 million, RMB 40 million, RMB 300 million, and RMB 40 million (or other equivalent foreign currencies) respectively. The specific credit and guarantee amounts are subject to the relevant agreements signed with financial institutions. For detailed content, please refer to the announcements published by the Company on March 7, 2026, and March 27, 2026, on the designated information disclosure media, Juchao Information Network (Announcement No.: 2026-008, 2026-016, 2026-027).

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