Senci Electric Machinery provides joint liability guarantee for a subsidiary's loan of 50 million

On September 9, 2025, Senci Electric Machinery's wholly-owned subsidiary, Chongqing Anlai Power Machinery Co., Ltd., signed a fixed asset loan contract of 50 million yuan with the Chongqing branch of China Merchants Bank for a term of 3 years. Senci Electric Machinery provided joint liability guarantee for this, and the other party did not provide counter-guarantee. The company had previously approved a guarantee limit proposal for its subsidiary. As of the announcement date, Senci Electric Machinery's total external guarantees amounted to 1,430.6 million yuan, all of which were guarantees for wholly-owned subsidiaries, accounting for 74.91% of the most recent audited net assets, with no overdue guarantees. This guarantee is beneficial for the company's operational development, and the subsidiary is operating normally, has good creditworthiness, and manageable risks