Jiangxi Special Electric Motor provides guarantees for subsidiary, announces new leadership

Jiangxi Special Electric Motor Co., Ltd. announced on November 4, 2025, the provision of 25,000 yuan in guarantees for its wholly-owned subsidiary, Yichun Yinli New Energy Co., Ltd. These guarantees, encompassing two agreements for 15,000 yuan and 10,000 yuan respectively, are within the 280,000 yuan annual guarantee limit approved by shareholders on April 2, 2025. As of the disclosure date, the company's total outstanding guarantees amount to 1,030 million yuan, representing 29.39% of its net assets attributable to the parent company in the latest audited period.

The company held its 2025 second extraordinary general meeting on November 3, 2025, where various proposals were passed, including the election of new non-independent and independent directors for the eleventh board of directors. Key appointments for the eleventh board of directors, effective from November 3, 2025, include Wang Xin as chairman and Hu Chunhui as vice chairman.

Additionally, the board approved the appointment of Wang Wenlin as general manager and other senior management positions, including Luo Qinghua, Xiong Bing, Wang Chunqi, and Zhu Xiaojiao as deputy general managers, Jiang Xiaoan as board secretary, Yang Jing as chief financial officer, and Qu Hongbo and Li Guoling as securities affairs representatives.