Wisdom Electric: Progress Announcement on Comprehensive Credit and Guarantee Matters of the Company and its Subsidiaries

Zhiguang Electric announced that in 2025, the company and its holding subsidiaries plan to apply for a comprehensive credit line not exceeding 6.2 billion yuan from financial institutions. The company will provide joint and several liability guarantees not exceeding 5.8 billion yuan to its subsidiaries, with the guarantee valid until the annual shareholder meeting in 2025. Recently, the company signed contracts with Industrial and Commercial Bank of China Guangzhou Yuexiu Branch and Bank of China Guangzhou Tianhe Branch to provide joint and several liability guarantees of 15.7343 million yuan and 4 million yuan respectively for its subsidiaries. As of a certain time in 2025, the company's guaranty balances for the consolidated financial statements were 3.201 billion yuan and 1.29 billion yuan for internal and external units, accounting for 118.74% and 4.8% of net assets respectively, with no overdue or abnormal guarantee situations.