Hunan Feiwo New Energy 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, without any false records, misleading statements, or significant omissions.
Overview of the Guarantee Situation
On April 11, 2026, the Company held the fourth meeting of the fourth Board of Directors, where it reviewed and approved the proposal on the expected comprehensive credit application and guarantee limits for the Company and its subsidiaries for the year 2026. This proposal was also approved at the 2025 Annual General Meeting on May 8, 2025. The Company and its consolidated subsidiaries plan to apply for a total comprehensive credit limit not exceeding RMB 500 million from banks and other financial institutions. Within this comprehensive credit limit, the Company will provide guarantees for its consolidated subsidiaries and sub-subsidiaries with a total guarantee amount not exceeding RMB 60 million. Specific details can be found in the announcements disclosed by the Company on April 14, 2026, and May 8, 2026, on the Giant Tide Information Network (www.cninfo.com.cn).