Shanghai Honglida Information Technology Co., Ltd. Announcement on Providing Guarantees for Subsidiaries

Stock Code: 688330 Stock Abbreviation: Honglida Announcement No.: 2026-010

Shanghai Honglida Information Technology Co., Ltd.

Announcement on Providing Guarantees for a Holding Subsidiary

The board of directors of this Company and all directors warrant that the contents of this announcement contain no false records, misleading statements or material omissions, and shall assume legal responsibility for the authenticity, accuracy and completeness of the contents in accordance with the law.

Key Matters—What Matters Most to Investors:

● Guarantee Target and Basic Information

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Note: The actual outstanding guarantee balance is converted based on the RMB exchange rate midpoint published by the People’s Bank of China on April 1, 2026, and is approximately RMB 1.7256 million.

● Cumulative Guarantee Situation

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Note: The total amount of external guarantees refers to the sum of the remaining unused amount within the approved guarantee limit and the actual outstanding balance of guarantees that have occurred.

I. Overview of the Guarantee

(I) Basic Information of the Guarantee

To meet the needs of daily operation and development, Shanghai Honglida Information Technology Co., Ltd. (hereinafter referred to as the “Company”)’s controlling subsidiary, Zhongteng Microgrid (Beijing) Technology Co., Ltd. (hereinafter referred to as “Zhongteng Microgrid”), plans to apply to banks and other financial institutions for an integrated credit facility of no more than RMB 30,000 million, mainly for handling businesses such as letters of guarantee, working capital loans, bank acceptance bills, letters of credit, and conducting supply chain finance businesses such as electronic receivables instruments financing within the effective credit facility approved for the Company at Pudong Development Bank, etc. The specific credit limits and terms shall be subject to the final approval by each financial institution. The Company plans to provide full guarantees for the above-mentioned credit facility. The guarantee methods include, but are not limited to, guarantee in general, joint liability guarantee, mortgage guarantee, pledge guarantee, or guarantee types combining various methods in accordance with relevant laws and regulations. The validity period shall be within 12 months from the date on which the board of directors considers and approves the matter. The other shareholders of Zhongteng Microgrid shall provide counter-guarantees to the Company for this guarantee matter in proportion to their respective shareholdings.

(II) Internal Decision-Making Procedure

On March 31, 2026, the Company held the 13th meeting of the fourth session of the board of directors, which approved the resolution “Announcement on Providing Guarantees for a Holding Subsidiary”. In accordance with the relevant provisions of the “Shanghai Stock Exchange STAR Market Listing Rules” and the “Articles of Association,” this guarantee is not required to be submitted to the shareholders’ meeting for approval.

II. Basic Information of the Guaranteed Party

(I) Basic Information

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(II) Credit/Default Information of the Guaranteed Party

After checking the China Execution Information Disclosure website, as of the date of disclosure of this announcement, Zhongteng Microgrid is not a dishonest party subject to enforcement, has clear title, and does not have any major matters that could affect its ability to repay debts.

III. Main Contents of the Guarantee Agreement

The Company has not yet signed specific guarantee agreements. Matters such as the guarantee amount, guarantee term, and signing time shall be subject to the contracts actually signed.

IV. Necessity and Reasonableness of the Guarantee

This guarantee is a necessary support made to meet the production and operation and business development needs of the holding subsidiary, and is consistent with the Company’s overall business development needs and strategic plan. The other shareholders of Zhongteng Microgrid shall provide counter-guarantees to the Company for this guarantee matter in proportion to their respective shareholdings.

The guaranteed party is a holding subsidiary of the Company with good credit standing. There are no major matters that could affect its ability to repay debts. The overall risk of this guarantee is controllable, and there is no circumstance that would prejudice the interests of the Company and its shareholders, especially the interests of small and medium shareholders. After providing the guarantee, the Company will closely monitor the credit standing and performance capability of the guaranteed party, and will give early warnings in advance regarding possible debt risks and take corresponding measures to ensure the safety of the Company’s property and funds.

V. Opinions of the Board of Directors

On March 31, 2026, the Company held the 13th meeting of the fourth session of the board of directors, which approved the resolution “Announcement on Providing Guarantees for a Holding Subsidiary,” with the following voting results: 8 votes in favor, 0 votes against, 0 votes abstained. This guarantee is not required to be submitted to the shareholders’ meeting for approval.

This guarantee is to meet the funding needs for the operation and development of the holding subsidiary. The Company has sufficient understanding of the credit standing and repayment ability of the guaranteed party, and the other shareholders of the guaranteed party shall provide counter-guarantees to the Company for this guarantee matter in proportion to their respective shareholdings, which can effectively safeguard the interests of the Company and its shareholders. In summary, the risk of this guarantee is controllable, and there is no circumstance that would prejudice the interests of the Company and its shareholders, especially the interests of small and medium shareholders.

VI. Total Number of Cumulative External Guarantees and Number of Overdue Guarantees

As of the date of disclosure of this announcement, the total amount of guarantees provided by the Company and its wholly-owned or holding subsidiaries to external parties (excluding this guarantee) is RMB 143.5994 million (meaning the sum of the remaining unused amount within the approved guarantee limit and the actual outstanding guarantee balance that has occurred, converted based on the RMB exchange rate midpoint published by the People’s Bank of China on April 1, 2026). This accounts for approximately 3.80% and 3.42% of the Company’s net assets and total assets in the most recent audited financial statements, respectively. Of this, the total amount of guarantees provided by the Company to its wholly-owned or holding subsidiaries (excluding this guarantee) is RMB 76.0765 million (converted based on the RMB exchange rate midpoint published by the People’s Bank of China on April 1, 2026), accounting for approximately 2.02% and 1.81% of the Company’s net assets and total assets in the most recent audited financial statements, respectively.

The Company and its wholly-owned or holding subsidiaries have no overdue guarantees and no guarantee matters involving litigation.

This announcement is hereby given.

Board of Directors of Shanghai Honglida Information Technology Co., Ltd.

April 2, 2026

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