Securities Code: 301236
Securities Abbreviation: Softcom Power
Announcement Number: 2026-044
Softcom Power Technology (Group) Co., Ltd. announces the progress of guarantees. The company and all members of the board guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
Special Risk Warning: Softcom Power Technology (Group) Co., Ltd. (hereinafter referred to as "the Company" or "Softcom Power") has provided guarantees for units with a debt-to-asset ratio exceeding 70%, amounting to more than 50% of the Company's most recent audited net assets. The aforementioned units with a debt-to-asset ratio exceeding 70% are all wholly-owned subsidiaries of the Company, and the financial risks are within a controllable range. Investors are advised to pay close attention to guarantee risks.
I. Overview of Guarantees
On November 28, 2025, and December 15, 2025, the Company held the 23rd meeting of the second board of directors and the third extraordinary general meeting of shareholders in 2025, where the proposal on the expected guarantee limit was approved. The Company agreed to provide a credit guarantee limit of no more than 9 billion RMB for its holding subsidiaries from January 1, 2026, to December 31, 2026 (excluding previously approved guarantee limits and the newly adjusted guarantee limits for wholly-owned subsidiaries). Among this, a revolving credit guarantee limit of no more than 6.523 billion RMB is expected to be provided for holding subsidiaries with a debt-to-asset ratio exceeding 70% (the credit guarantees for subsidiaries with a debt-to-asset ratio exceeding 70% can be mutually adjusted), and a revolving credit guarantee limit of no more than 2.477 billion RMB is expected for holding subsidiaries with a debt-to-asset ratio below 70% (the credit guarantees for subsidiaries with a debt-to-asset ratio below 70% can also be mutually adjusted). The aforementioned guarantee matters are expected occurrences within the effective period, and relevant parties have not yet signed credit guarantee agreements. The main content approved by the shareholders' meeting will be negotiated and determined by the Company and its holding subsidiaries with banks or relevant institutions. The actual guarantee amounts, methods, terms, and other important clauses will be subject to the actual signed agreements, with the final guarantee amount not exceeding the total limit granted this time. The Company’s general manager, Liu Tianwen, or his designated person is authorized to sign agreements and documents for the specific implementation of related matters. For specific details, please refer to the announcement on the expected guarantee limit disclosed by the Company on November 29, 2025, on the Giant Tide Information Network.