Henan Kaiwang Electronic Technology Co., Ltd. Announcement on Applying for M&A Loans from Banks and Receiving Guarantees from Related Parties

Kaiwang Technology Co., Ltd.·August 5, 2026·2 pages

✨ AI Summary

Henan Kaiwang Electronic Technology Co., Ltd. announced its plan to apply for an M&A loan of up to RMB 200 million to acquire 51% stakes in Dongguan Xingding and Dongguan Qin Ding. The company's actual controllers will provide unconditional joint liability guarantees free of charge. This move aims to optimize financing structure and is not expected to pose significant financial risks.

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Stock Code: 301182 Stock Abbreviation: Kaiwang Technology Announcement No.: 2026-031

Henan Kaiwang Electronic Technology Co., Ltd.

Announcement on Applying for M&A Loans from Banks and Receiving Guarantees from Related Parties

The Company and the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed herein, and that there are no false records, misleading statements, or material omissions.

Henan Kaiwang Electronic Technology Co., Ltd. (hereinafter referred to as the "Company") held the Fourth Extraordinary Board of Directors Meeting on August 5, 2026. The meeting deliberated and passed the "Proposal on Applying for M&A Loans from Banks and Receiving Guarantees from Related Parties." Related directors Mr. Chen Hai Gang and Mr. Liu Zhong Yi abstained from voting. This proposal has been approved by more than half of the independent directors and deliberated and passed by the special committee of independent directors. The relevant matters are hereby announced as follows:

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