Lingyi iTech guarantees subsidiary loan, expands credit facilities

Lingyi iTech (Guangdong) Company (002600) and its wholly-owned subsidiary, Lingyi Technology (Shenzhen) Co., Ltd., have entered into a guarantee agreement with Bank of China Co., Ltd. Suzhou Xiangcheng Branch. This agreement provides a joint and several liability guarantee for Suzhou Lingyu Electronic Technology Co., Ltd., another wholly-owned subsidiary, for a fixed-asset loan with a maximum principal balance of RMB 56,000,000. The guarantee period extends three years from the maturity date of the principal debt.

Additionally, Lingyi iTech, Lingyi Technology (Shenzhen), and Bank of China have signed a maximum guarantee contract for various credit facilities, including loans and trade financing, for Suzhou Lingyu Electronic Technology Co., Ltd. from October 17, 2025, to October 16, 2028. The maximum principal amount guaranteed under this contract is RMB 200,000,000. The total outstanding guarantee amount for Lingyi iTech as of the announcement date is RMB 12,461,736,300, representing 62.91% of the company's net assets as of December 31, 2024.

Of this amount, guarantees for subsidiaries within the consolidated statements total RMB 11,494,557,600, with an additional RMB 234,726,700 for inter-subsidiary guarantees and RMB 732,452,000 for subsidiary guarantees to the parent company. The company reported no overdue external guarantees or guarantees involved in litigation.