Suntak Technology guarantees subsidiary Dalian Suntak Circuits' RMB200m loan

Suntak Technology Co., Ltd. has provided a full credit guarantee for a RMB200 million credit facility from Shanghai Pudong Development Bank's Dalian Branch to its subsidiary, Dalian Suntak Circuits Co., Ltd. This move aims to support Dalian Suntak Circuits' daily production and operations. The guarantee was formalized through a "Maximum Amount Guarantee Contract" signed on October 23, 2025.

The guarantee aligns with an RMB850 million guarantee quota for Dalian Suntak Circuits, which was approved during company meetings held in April and May 2025. The guarantee period extends for three years from the fulfillment of the primary debt.

Currently, Suntak Technology's approved effective guarantee amount totals RMB585.61 million, representing 81.65% of its latest audited net assets attributable to the parent company. Of this, RMB542 million is for consolidated subsidiaries and RMB43.61 million for associates. The actual utilized bank credit balance by subsidiaries stands at RMB139.17422 million, or 19.40% of the parent company's net assets. The company reported no overdue guarantees or guarantee-related litigation.