Guoxuan High-Tech extends over 5 bn yuan in guarantees to subsidiaries

Guoxuan High-Tech Co. Ltd. (002074) has recently executed several external guarantee agreements for its wholly-owned and controlled subsidiaries, providing significant financial backing for their financing and leasing activities.

These guarantees include 420 million yuan for Hefei Guoxuan High-Tech Power Energy Co. Ltd. with East Asia Bank (China) Co. Ltd. Hefei Branch, 300 million yuan with Xiamen International Bank Co. Ltd. Shanghai Branch, and 400 million yuan with Everbright Bank Co. Ltd. Hefei Branch. Additionally, guarantees of 50 million yuan and 100 million yuan were provided to Hefei Guoxuan High-Tech Power Energy Co. Ltd. for commercial bill discount businesses with Postal Savings Bank of China Co. Ltd. Hefei Branch.

Further guarantees include 100 million yuan for Hefei Guoxuan Battery Materials Co. Ltd. with Ping An International Financial Leasing Co. Ltd., and 60 million yuan for Hefei Guoxuan Battery Materials Co. Ltd. with Everbright Bank Co. Ltd. Hefei Branch. Tongcheng Guoxuan New Energy Co. Ltd. received a guarantee of 110 million yuan from China Construction Bank Co. Ltd. Tongcheng Branch. These transactions fall within the 817.919217 billion yuan aggregate external guarantee limit approved by the company's board and shareholders for 2025.

As of October 21, 2025, Guoxuan High-Tech's total actual external guarantees amounted to 506.546495 billion yuan, representing 169.43% of its 2024 audited net assets. Guarantees to entities outside the consolidated scope totaled 4.2451 billion yuan, or 1.42% of 2024 net assets. All procedures have been followed, with no overdue guarantees or pending litigations.