Sunlord Electronics provides RMB 5,000 million guarantee for subsidiary

Shenzhen Sunlord Electronics Co., Ltd. (Sunlord Electronics) has confirmed an additional RMB 5,000 million guarantee for its controlling subsidiary, Shanghai Sunlord Electronics Co., Ltd. This guarantee, executed on October 20, 2025, with Shanghai Rural Commercial Bank Minhang Branch, supports a working capital loan agreement. This brings the total current guarantee balance for Shanghai Sunlord to RMB 258,149.52. The new guarantee forms part of the RMB 350,000.00 million shareholder-approved guarantee limit for Shanghai Sunlord, whose asset-liability ratio exceeds 70%.

The guarantee covers principal, interest, penalties, liquidated damages, compensation, and debt realization expenses, including collection and legal fees. Sunlord Electronics commits to joint and several liability, including potential losses due to fraudulent underlying transactions and the obligation to increase guarantee deposits if required. The guarantee period extends three years from the debt maturity, with specific terms for various financing types.

As of the announcement date, Sunlord Electronics' cumulative external guarantee amount totals RMB 1,385,000 million, representing 221.15% of its most recent audited net assets. Guarantees for subsidiaries within the consolidated scope amount to RMB 875,069.52 million, or 139.73% of net assets. The company reports no overdue or litigation-related guarantees.