Tinci Materials guarantees subsidiary's ¥100m bank loan

Guangzhou Tinci Materials Technology announced on December 17, 2025, that it has provided a guarantee for its wholly-owned subsidiary, Jiujiang Tinci Resource Recycling Technology Co., Ltd. The ¥100 million guarantee is for credit facilities extended by the Jiujiang branch of Shanghai Pudong Development Bank Co., Ltd., as per a "Maximum Guarantee Contract" signed on December 15, 2025. This action falls within the company's previously approved guarantee limits for subsidiaries, which totals ¥6.5 billion.

The guarantee covers various financing activities undertaken by Jiujiang Tinci Resource Recycling Technology Co., Ltd. with the bank, specifically for a period from December 15, 2025, to December 14, 2028. The guarantee is a joint and several liability, with the guarantee period lasting three years after the fulfillment period of each debt contract. As of the announcement date, Guangzhou Tinci Materials Technology and its consolidated subsidiaries have a total guarantee amount of ¥395.8 billion, with a guarantee balance of ¥111.573 billion, representing 8.51% of the company's net assets as of December 31, 2024.

Additionally, the company and its subsidiaries have provided guarantees totaling ¥6.79 billion for investees outside the consolidated statements, with a current guarantee balance of ¥6.79 billion, representing 0.52% of the latest audited net assets. The company confirmed no overdue guarantees, guarantees involving litigation, or losses from adjudicated guarantees.