Sunlord Electronics guarantees RMB 1.8 bn for subsidiary credit line

Shenzhen Sunlord Electronics Co., Ltd. (Sunlord Electronics) has confirmed an RMB 1.8 billion guarantee for its holding company, Dongguan Sunlord Electronics Co., Ltd. (Dongguan Sunlord). This guarantee supports Dongguan Sunlord's application for a RMB 4.5 billion bank credit line from the Industrial and Commercial Bank of China, Dongguan Branch. The board and supervisory board approved this resolution on February 26, 2025, with the annual general meeting on March 20, 2025, subsequently passing the measure.

The guarantee agreement, signed on November 6, 2025, covers various financial instruments, including loans, trade financing, and financial derivatives, for the period between October 23, 2025, and October 23, 2028. The guarantee is a joint and several liability. As of the announcement date, Sunlord Electronics' cumulative external guarantee amount totals RMB 1,385,000,000, representing 221.15% of its latest audited net assets (consolidated statements).

Guarantees provided to subsidiaries within the scope of consolidated statements amount to RMB 9,080,695,200, which is 145.00% of the latest audited net assets. Sunlord Electronics confirms no overdue guarantees, guarantees involved in litigation, or guarantees for which it has been held liable due to adverse judgments.