Announcement on the Company's Guarantee for Its Wholly-Owned Subsidiary

The company and all members of the board guarantee that the content of the information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.
Securities Code: 301285
Securities Abbreviation: Hongridar
Announcement Number: 2026-024

Announcement on the Company's Guarantee for Its Wholly-Owned Subsidiary

Hongridar Technology Co., Ltd. (hereinafter referred to as "the Company" or "Hongridar") held the 22nd meeting of the second board of directors on April 21, 2026, and approved the proposal on providing a guarantee for its wholly-owned subsidiary. This proposal will be submitted to the 2025 annual shareholders' meeting for review, and the specific circumstances are announced as follows:

1. Overview of the Guarantee

To meet the funding needs of its wholly-owned subsidiary, the Company intends to provide a joint liability guarantee for Dongtai Runtian Precision Technology Co., Ltd. (hereinafter referred to as "Dongtai Runtian") to apply for a comprehensive credit line from the bank, with a guarantee amount not exceeding RMB 200 million. The guarantee will be valid for 12 months from the date of approval by the Company's 2025 annual shareholders' meeting and can be reused within the validity period. The board also requests the shareholders' meeting to authorize the chairman or their authorized representative to handle specific procedures and sign contracts, agreements, and other relevant documents within the above limit and validity period.

2. Expected Guarantee Amount