Lingyi iTech subsidiaries secure new guarantee agreements for 2025

Lingyi iTech (Guangdong) Company recently advanced its 2025 guarantee plans for the company and its subsidiaries, with a total guarantee limit approved for 2025 of 3,500,000,000 yuan.

Lingyi Technology (Shenzhen) Co., Ltd., a wholly-owned subsidiary, signed a maximum guarantee contract with China Everbright Bank Shenzhen Branch, providing a joint and several liability guarantee for a maximum principal amount of 100,000,000 yuan for Lingyi iTech's comprehensive credit agreement. Additionally, Lingyi iTech and Lingyi Technology, along with the Shenzhen branches of Bank of Communications, entered into guarantee contracts for Shenzhen Linglue CNC Equipment Co., Ltd. and Lingxing Electronic Technology (Shenzhen) Co., Ltd. The maximum principal amounts guaranteed are 50,000,000 yuan for Linglue CNC and 30,000,000 yuan for Lingxing Electronic, respectively.

As of the disclosure date, Lingyi iTech's total actual guarantee balance is 12,238,800,200 yuan, representing 61.79% of its net assets attributable to shareholders as of December 31, 2024. The company reported no overdue or litigation-related external guarantees.