Sunlord Electronics guarantees ¥320m for subsidiary, exceeding net assets

Shenzhen Sunlord Electronics has progressed with its guarantee for its controlling subsidiary, Shenzhen Sunlord Investment Co., Ltd. (Sunlord Investment), by signing a "Guarantee Contract" with China CITIC Bank Shenzhen Branch on December 19, 2025. This guarantee covers a principal amount of ¥320 million for credit lines, with the company acting as guarantor. The guarantee is a joint and several liability, covering the main debt, interest, penalties, and related expenses, with a term of three years from the maturity date of the main contract.

This specific guarantee utilizes a portion of the ¥800 million approved by shareholders at the 2024 Annual General Meeting on March 20, 2025. The total amount approved for Sunlord Investment was ¥800 million, with ¥320 million now being utilized.

As of the announcement date, the company's cumulative external guarantee amount totals ¥13.85 billion, representing 221.15% of its most recent audited net assets (consolidated statement). Guarantees provided to controlling subsidiaries within the consolidated statement amount to ¥9.9 billion, or 158.09% of the most recent audited net assets. There are no overdue guarantees, guarantees involved in litigation, or liabilities from unfavorable judgments.