Sunlord Electronics guarantees subsidiary's RMB 20m loan, boosting total guarantees

Shenzhen Sunlord Electronics Co., Ltd. has provided a guarantee for its controlling subsidiary, Guiyang Sunlord Xunda Electronics Co., Ltd., for a RMB 20 million loan from Industrial and Commercial Bank of China Guiyang Baiyun Branch. The guarantee, executed on December 10, 2025, covers the principal, interest, fees, and other related costs for a working capital loan agreement dated October 8, 2025. This move aims to strengthen support for the controlling company, following board and shareholder approval earlier in 2025.

The guarantee is a joint and several liability, with the guarantee period lasting three years from the maturity date of the loan or early termination. The company's total external guarantee amount, including this new guarantee, now stands at RMB 1,385,000,000, representing 221.15% of its latest audited net assets. Guarantees for consolidated subsidiaries total RMB 9,580,695,200, which is 152.98% of its latest audited net assets.

As of the announcement date, the company confirms no overdue guarantees, guarantees involved in litigation, or guarantees arising from adverse court judgments.