Shanghai Zhenlan Instrument Technology Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
The Company held the 12th Audit Committee meeting of the 6th Board of Directors on April 20, 2026, the 13th Special Meeting of Independent Directors on April 21, 2026, and the 19th Board Meeting, where the proposal regarding the estimated guarantee limit for subsidiaries in 2026 was approved. This proposal will be submitted for review at the 2025 annual shareholders' meeting.
1. Overview of Guarantees
To meet the operational funding needs of the Company's subsidiaries and ensure smooth business operations, the Company plans to provide guarantees for subsidiaries applying for comprehensive financing limits from banks in 2026, with a cumulative guarantee limit not exceeding 500 million yuan. The methods of guarantee include but are not limited to guarantees, mortgages, and pledges. The validity period of the guarantee limit is from the date of approval by the 2025 annual shareholders' meeting until the date of the 2026 annual shareholders' meeting, and the guarantee limit can be reused within the validity period. The Board of Directors proposes to authorize Mr. Li Shihua, the Chairman of the Company, to be responsible for the specific organization and implementation within the above guarantee limit and to sign relevant contracts and authorization documents, as well as to adjust the guarantee limits among subsidiaries as needed based on actual operational requirements.
2. Estimated External Guarantee Situation
| Guarantor | Guaranteed Party | Guarantor's Shareholding Ratio | Guaranteed Party's Latest Asset-Liability Ratio | Guaranteed Debt Amount (10,000 yuan) | Estimated Guarantee Limit (10,000 yuan) | Guarantee Limit as a Percentage of the Company's Latest Net Assets | Related Party Guarantee |
|---|---|---|---|---|---|---|---|
| Zhenlan Instrument Technology Co., Ltd. | 100% | 25.31% | 20,000.00 | 20,000.00 | 5.69% | No | |
| Shanghai Zhenlan Precision Mould Co., Ltd. | 100% | 44.49% | 5,000.00 | 5,000.00 | 1.42% | No | |
| Luode Precision Hardware (Wuhu) Co., Ltd. | 100% | 49.21% | 5,000.00 | 5,000.00 | 1.42% | No | |
| Zhenlan Pipe Technology Co., Ltd. | 100% | 42.83% | 3,000.00 | 3,000.00 | 0.85% | No | |
| Shanghai Zhenlan Industrial Automation Instrument Co., Ltd. | 100% | 33.72% | 5,000.00 | 5,000.00 | 1.42% | No | |
| Zhuzhou Dekai Material Technology Co., Ltd. | 60.20% | 73.24% | 8,000.00 | 8,000.00 | 2.28% | No | |
| Kuntong Intelligent Technology (Wuhu) Co., Ltd. | 85% | 37.00% | 3,000.00 | 3,000.00 | 0.85% | No | |
| Wuhu Yuxinhui Plastic Technology Co., Ltd. | 90% | 68.07% | 1,000.00 | 1,000.00 | 0.28% | No | |
| Total | 50,000.00 | 50,000.00 | 14.21% |