300946SZSE

Announcement on Progress of Guarantee for Wholly-Owned Subsidiary

✨ AI Summary

This announcement details the progress of Fujian Hengoda New Material Co., Ltd. in providing guarantees for its wholly-owned subsidiary, SMS Precision Machines GmbH. The company has increased the guarantee limit to RMB 30 million and extended the validity period. This action is a specific execution measure within the scope of previously approved procedures.

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Full Translation

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Securities Code: 300946

Securities Abbreviation: Hengoda

Announcement No.: 2026-046

Fujian Hengoda New Material Co., Ltd.

Announcement on Progress of Guarantee for Wholly-Owned Subsidiary

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 records, misleading statements, or material omissions.

Fujian Hengoda New Material Co., Ltd. (hereinafter referred to as the Company) held the 13th meeting of the Third Board of Directors on April 24, 2026, and reviewed and approved the "Proposal on the Estimated Quota for External Guarantees in 2026". It was agreed that the Company would provide an unconditional guarantee quota of no more than RMB 10 million (or equivalent foreign currency) to its wholly-owned subsidiary, SMS Precision Machines GmbH (hereinafter referred to as SMS Company). The guarantee quota can be used repeatedly and is valid for 12 months from the date of approval by the Board of Directors. If the term of a single guarantee exceeds the validity period of the resolution, the validity period will be automatically extended until the termination of that guarantee. The specific guarantee period shall be subject to the finally effective documents. For the specific content of the above matter, please refer to the "Proposal on the Estimated Quota for External Guarantees in 2026" (Announcement No.: 2026-026) disclosed by the Company on the Juchao Information Network (www.cninfo.com.cn) on April 25, 2026.

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