Triumph New Energy Company Limited (stock code: 01108) has released information detailing a proposal to provide guarantees in 2026 for its subsidiaries within the consolidated financial statements. The maximum planned guarantee amount is RMB1.83 billion, inclusive of RMB1.05 billion reserved for subsidiaries whose gearing ratio exceeds 70%. This figure covers financing needs such as working capital loans, long-term loans, and domestic letters of credit and remains subject to shareholder approval.

The joint liability guarantees will support daily operations and business development of the subsidiaries while optimizing the financing structure and reducing financing costs. The guarantee amount, once approved, can be reused on a recurring basis, provided that the total outstanding balance does not exceed the approved limit.

The covered subsidiaries include CNBM (Hefei) New Energy Co., Ltd., Qinhuangdao North Glass Co., Ltd., Kaisheng (Zhangzhou) New Energy Co., Ltd., Jiangsu Triumph New Material Co., Ltd., CNBM (Luoyang) New Energy Co., Ltd., and CNBM (Yixing) New Energy Resources Co., Ltd. All subsidiaries fall under the actual control of Triumph New Energy, and no overdue external guarantees currently exist for either the company or its subsidiaries.