翰博高新材料（合肥）股份有限公司为子公司提供担保进展公告深度解读

要点速览

• 2026年度合并报表范围内子公司新增预计担保额度不超过人民币24.21亿元。
• 本次公告涉及为重庆博硕光电有限公司（100%控股子公司）向中信银行授信提供最高额3000万元连带责任保证担保。
• 截至公告日，公司及控股子公司累计对外担保总额度35.78亿元，实际担保余额24.25亿元，分别占最近一期经审计净资产的343.33%和232.66%。
• 本次担保与所有在有效期内担保均限定于合并报表范围内子公司，无对外单位担保、无逾期担保、无涉诉担保，未出现因担保而承担损失的情形。
• 重庆博硕2025年前9月实现营业收入4.84亿元，净利润1817万，资产负债率65.3%。

公告详情梳理

一、担保情况概述

翰博高新材料（合肥）股份有限公司（“公司”）于2025年12月8日召开董事会，并于12月30日召开临时股东会，审议通过2026年度对子公司提供新增担保总额度不超过24.21亿元的议案。担保用途涵盖融资性与非融资性担保，包括但不限于流动资金贷款、项目贷款、保函、信用证、银行承兑汇票、保理、押汇、外汇及金融衍生品等多项金融业务，充分保障子公司经营及融资需求。

其中，为资产负债率低于70%的子公司担保额度不超过7.5亿元，为资产负债率70%及以上的子公司担保额度不超过16.71亿元，体现公司对风险防控的管理。

二、本次担保详情

本次担保对象为重庆博硕光电有限公司（为公司全资子公司），公司与中信银行重庆分行签署《最高额保证合同》，为重庆博硕向中信银行申请的授信额度提供最高3000万元的连带责任保证担保。担保范围包括主债权、利息及其他应付款项，保证期间自主合同项下单笔债务履行到期日起3年。

截至公告披露日，公司为重庆博硕累计提供担保额度5.2亿元，实际使用2.5266亿元，均在股东大会审议通过范围内。

三、被担保子公司情况

重庆博硕光电有限公司

• 成立时间：2015年1月8日
• 注册资本：1.3231亿元人民币
• 经营范围：LED节能照明、液晶显示及零件、模具、电子零件材料、胶粘制品开发生产与销售等
• 2025年9月30日主要财务数据（未经审计）：
  资产总额11.45亿元，负债总额7.47亿元，净资产3.97亿元，资产负债率65.3%；
  1-9月营业收入4.84亿元，净利润1817万元（去年同期净亏损3577万元）。
• 公司持股比例：100%
• 信用状况良好，非失信被执行人。

四、担保协议主要内容

• 被担保方：重庆博硕光电有限公司
• 债权人：中信银行重庆分行
• 保证人：翰博高新材料（合肥）股份有限公司
• 担保金额：最高3000万元及利息、其他应付款项
• 保证方式：连带责任保证
• 保证期间：每笔债务履约到期日起3年，具体起算日以合同为准

五、累计对外担保情况

截至公告日，公司及控股子公司累计可对外担保总额度41.96亿元，占最近一期经审计净资产的402.63%，有效担保总额度35.78亿元，占343.33%，实际担保余额24.25亿元，占232.66%。所有担保均为合并报表范围内公司之间的担保。

逾期与风险事项： 公司及控股子公司截至公告日不存在逾期担保、涉诉担保或因担保被判决败诉而承担损失的情况，风险总体可控。

投资者重点关注与潜在价格影响

• 本次公告披露公司对子公司大额担保，担保总额及余额占净资产比例显著，反映公司对子公司业务扩张和融资需求的大力支持，但高担保额度同时增加了集团整体财务风险敞口，可能引发市场对公司资金安全性和杠杆水平的关注。
• 需要持续关注被担保子公司经营状况，尤其是高负债率子公司的未来业绩表现和偿债能力。
• 截至公告日无逾期、无涉诉、无担保损失，短期内风险可控；但高担保比重为投资者带来中长期不确定性，或成为影响公司估值和股价波动的重要因素。

结论

翰博高新持续为合并报表范围内子公司提供大额担保，显示公司对子公司业务快速扩张的高度支持与信心，同时也使公司整体财务杠杆提升。投资者应关注担保余额与净资产比例较高带来的潜在财务风险，公司未来对子公司经营和债务管理能力的提升将是影响公司估值的关键变量。

免责声明： 本文仅为资讯整理与分析，不构成任何投资建议。投资者据此操作，风险自担。

English Version

In-depth Analysis of Hanbo High-tech Material (Hefei) Co., Ltd. Guarantee Progress Announcement

Key Highlights

• For 2026, new consolidated guarantee quota for subsidiaries will not exceed RMB 2.421 billion.
• This announcement involves providing a maximum guarantee of RMB 30 million for subsidiary Chongqing Boshuo Optoelectronics to CITIC Bank (joint and several liability guarantee).
• As of the announcement date, the company and its subsidiaries’ total guarantee amount is RMB 3.578 billion, actual used quota is RMB 2.425 billion, accounting for 343.33% and 232.66% of latest audited net assets, respectively.
• All guarantees are for consolidated subsidiaries, no guarantees for entities outside the group, no overdue or litigation-related guarantees, and no guarantee-related losses.
• Chongqing Boshuo achieved RMB 484 million revenue, RMB 18.17 million net profit in Jan-Sep 2025, debt ratio 65.3%.

Announcement Details

1. Overview of Guarantee Situation

Hanbo High-tech convened a board meeting on Dec 8, 2025, and a shareholders meeting on Dec 30, 2025, approving the 2026 new guarantee quota for subsidiaries not exceeding RMB 2.421 billion. Guarantee purposes include both financing and non-financing, covering various banking and financial institution credit businesses to support subsidiary operations.

Of these, guarantee quota for subsidiaries with asset-liability ratios below 70% does not exceed RMB 750 million, for those above 70% does not exceed RMB 1.671 billion, reflecting risk management.

2. Details of This Guarantee

The guarantee target is Chongqing Boshuo Optoelectronics (100% owned). Hanbo signed a “Maximum Guarantee Contract” with CITIC Bank Chongqing Branch, providing a joint and several guarantee for up to RMB 30 million (principal, interest, other payables) for the subsidiary’s credit line. The guarantee period is 3 years from each debt maturity.

As of the announcement, the company has cumulatively provided RMB 520 million in guarantees for Chongqing Boshuo, with RMB 252.66 million actually used, all within approved limits.

3. Basic Information on the Guaranteed Subsidiary

Chongqing Boshuo Optoelectronics Co., Ltd.

• Established: Jan 8, 2015
• Registered capital: RMB 132.31 million
• Business: LED lighting, LCD and parts, molds, electronics, adhesives, etc.
• Key 2025/9 data (unaudited):
  Total assets: RMB 1.145 billion; Total liabilities: RMB 747 million; Net assets: RMB 397 million; Debt ratio: 65.3%;
  Jan-Sep revenue: RMB 484 million; Net profit: RMB 18.17 million (2024: net loss RMB 35.77 million).
• Ownership: 100%
• Credit: Not a discredited enforcement entity.

4. Main Guarantee Contract Terms

• Guaranteed party: Chongqing Boshuo Optoelectronics
• Creditor: CITIC Bank Chongqing
• Guarantor: Hanbo High-tech (Hefei)
• Amount: Up to RMB 30 million plus interest, other payables
• Method: Joint and several liability
• Period: 3 years from each debt’s maturity date

5. Cumulative Guarantee Situation

As of the announcement, total guarantee quota approved is RMB 4.196 billion (402.63% of net assets), effective guarantee quota RMB 3.578 billion (343.33%), actual guarantee balance RMB 2.425 billion (232.66%). All guarantees are between companies within consolidation scope.

Risk: No overdue, litigation, or loss-bearing guarantee situations. Risks are under control in the short term.

Investor Focus & Potential Price Impact

• Large guarantee amounts relative to net assets demonstrate strong support for subsidiaries’ expansion, but also increase group financial exposure, which may concern investors regarding leverage and capital safety.
• Continued monitoring of subsidiaries’ financial health and debt-paying ability is essential, especially for highly-leveraged entities.
• No overdue or loss situations to date, but high guarantee ratios bring mid- to long-term uncertainties—may affect valuation and share price volatility.

Conclusion

Hanbo High-tech’s ongoing large-scale guarantees for its subsidiaries support rapid business growth, but also raise overall leverage. Investors should watch for any changes in the subsidiary operational and debt management performance, as these will be key to the company’s future valuation.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors act at their own risk.

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