Special Risk Warning
The total amount of guarantees provided by the company has exceeded 100% of the latest audited net assets, and the guarantee amount for units with a debt-to-asset ratio exceeding 70% exceeds 50% of the company's latest audited net assets. Investors are advised to pay close attention to guarantee risks.
Overview of Guarantees
Shenzhen Saiwei Technology Co., Ltd. (hereinafter referred to as "the Company") held its seventh meeting of the fourth board of directors on October 27, 2025, and the fourth extraordinary general meeting of shareholders on November 14, 2025, to review and approve the proposal on the expected comprehensive credit and guarantee limits for the Company and its subsidiaries (consolidated subsidiaries, hereinafter collectively referred to as "subsidiaries") to apply to financial institutions. To meet the funding needs for the daily operations of the Company and its subsidiaries, the Company and its subsidiaries plan to apply for a total comprehensive credit limit not exceeding RMB 6.8 billion or its equivalent in foreign currency from banks and other financial institutions (including existing credit limits). To ensure the smooth implementation of the above comprehensive credit financing plan, the Company and its subsidiaries plan to provide joint liability guarantees for the comprehensive credit limits applied for by the consolidated subsidiaries, with a total limit not exceeding RMB 4.55 billion or its equivalent in foreign currency (including existing guarantees and new guarantees, including mutual guarantees among subsidiaries). Among these, the guarantee amount for subsidiaries with a debt-to-asset ratio of 70% or higher is RMB 4.25 billion, and the guarantee amount for subsidiaries with a debt-to-asset ratio below 70% is RMB 300 million. The validity period of the above guarantee limits is one year from the date of approval by the fourth extraordinary general meeting of shareholders in 2025. For specific details, please refer to the announcement titled "Expected Comprehensive Credit and Guarantee Limits for the Company and Subsidiaries" disclosed by the Company on October 29, 2025, on the Giant Tide Information Network (Announcement No.: 2025-071). The Company and all members of the board of directors guarantee that the content of the information disclosure is true, accurate, and complete, without false records, misleading statements, or major omissions.