Everwin Precision guarantees subsidiary loan amidst ongoing expansion

Shenzhen Everwin Precision Technology Co. Ltd. (Everwin Precision) announced its recent provision of a guarantee for a subsidiary's financing. The company, acting as guarantor, signed a "Maximum Guarantee Contract" with Jiangsu Jiangnan Rural Commercial Bank Co. Ltd. to provide a guarantee of up to 45m yuan for Changzhou Everwin Precision Technology Co. Ltd. for its financing loan. This guarantee falls within the previously approved financing guarantee limit for its subsidiaries.

Changzhou Everwin Precision Technology Co. Ltd., a wholly-owned secondary subsidiary of Everwin Precision, was established on January 18, 2021, with a registered capital of 100m yuan. As of September 30, 2025, its total assets stood at 958.38m yuan, with net assets of 440.88m yuan. For the period of January to September 2025, it reported operating revenue of 623.36m yuan and a net loss of 118.87m yuan.

As of December 24, 2025, the total actual external guarantee balance for Everwin Precision and its subsidiaries was 2.2bn yuan, representing 27.66% of the parent company's owner's equity as per the latest audited consolidated financial statement. The company confirmed no overdue external guarantees or guarantees involved in litigation that could result in losses.