宇通客车股份有限公司2026年3月担保进展公告详解

一、公告核心要点

• 担保事项月度更新：宇通客车股份有限公司（600066.SH，下称“宇通客车”）根据上交所要求，对2026年3月公司担保计划范围内的担保进展进行汇总披露。
• 重要提示：
  • 3月新增对控股子公司及子公司间互保7,924.79万元。
  • 对销售业务链相关企业新增担保103.53万元。
  • 本月担保均在前期预计额度内，无反担保安排。
  • 截至3月底，公司对外担保余额达24.52亿元，占最近一期经审计净资产的15.71%。
  • 本次对资产负债率超过70%的单位提供担保，需引起投资者关注。

二、担保事项详细情况

1. 担保事项的审批流程

本次担保已经2025年4月25日召开的2024年年度股东大会审议通过。公司可对控股子公司及其间相互提供担保、为购房人提供阶段性担保、对销售业务链相关企业提供担保。担保事项在2025年对外担保预计额度范围内，无需额外审批程序。

2. 2026年3月新增对外担保明细

担保金额涉及外币，均以公告日前一月底中间价折算。

3. 被担保单位详细信息

• 新加坡宇通：注册资本300万新币，公司持股100%，主营汽车批发。
• 香港宇通：注册资本1万港元，公司持股100%，主营进出口贸易。
• 重庆顺捷：注册资本200万人民币，间接持股100%，主营汽车销售与维修。
• 西班牙宇通：注册资本3,000欧元，间接持股100%，主营整车配件销售。
• 广州宇威顺通：注册资本400万人民币，公司全资子公司西藏德优持股70%，郑州宇荣2号持股30%，主营汽车销售及配件。

三、对投资者的重要提示及潜在影响

• 担保余额上升：截至3月底，公司对外担保余额24.52亿元，占净资产15.71%，但未超50%、100%重要阈值。
• 风险提示：本次部分担保涉及资产负债率超过70%的单位，可能存在一定信用风险，值得关注。
• 公司声明：目前无逾期担保，也未向控股股东、实控人及关联人提供担保。
• 担保对象经营稳定：公司认为相关担保风险可控，已建立严格信用审查和保障措施，对公司经营和财务无重大不利影响。

四、投资者需要特别关注的事项

• 担保余额持续增长，若后续被担保单位出现资金或经营风险，可能对公司财务安全构成压力。
• 对资产负债率高的单位提供担保，若市场环境恶化，担保风险或将上升，需持续跟踪。
• 公告为定期例行更新，但担保金额变化或单一项目大额担保，均可能对公司未来现金流和资金成本产生潜在影响。

五、总结

本次公告主要为常规性月度担保进展信息披露，担保金额和对象均在既定规划和授权范围内。虽然整体风险可控，但投资者仍需关注公司对高负债单位的担保和整体担保余额变化，防范潜在财务风险。

免责声明：本新闻内容仅为信息披露和分析，不构成任何投资建议或买卖依据。投资者应结合自身实际情况，审慎决策，市场有风险，投资需谨慎。

English Version

Yutong Bus Co., Ltd. March 2026 Guarantee Progress — Details for Investors

Key Points

• Monthly Guarantee Update: Yutong Bus (600066.SH) has provided a monthly summary of guarantee progress for March 2026 according to the SSE requirements.
• Highlights:
  • New mutual guarantees among subsidiaries in March: RMB 79.25 million.
  • Guarantees for sales-related business entities: RMB 1.04 million.
  • All guarantees are within previously approved quotas, and none are counter-guaranteed.
  • As of March 31, total external guarantee balance: RMB 2.452 billion, accounting for 15.71% of the latest audited net assets.
  • Guarantees provided to units with asset-liability ratios exceeding 70%, which may involve higher credit risk.

Details of Guarantee Matters

1. Approval Process

All guarantees were approved at the 2024 Annual General Meeting on April 25, 2025. The company is authorized to issue guarantees to subsidiaries, provide stage guarantees to home buyers, and issue guarantees to entities in the sales business chain, within the annual cap.

2. Details of New Guarantees in March 2026

All foreign currency guarantees are converted to RMB at the official exchange rate at the end of the previous month.

3. Details of Guaranteed Companies

• Yutong Singapore: Registered capital SGD 3 million, 100% owned by the company, main business: vehicle wholesale.
• Yutong Hong Kong: Registered capital HKD 10,000, 100% owned by the company, main business: import/export trade.
• Chongqing Shunjie: Registered capital RMB 2 million, indirectly 100% owned, main business: vehicle sales and maintenance.
• Yutong Spain: Registered capital EUR 3,000, indirectly 100% owned, main business: vehicle parts sales.
• Guangzhou Yuwei Shuntong: Registered capital RMB 4 million, 70% held by Tibet Deyou (a wholly-owned subsidiary), 30% by Zhengzhou Yurong No.2, main business: vehicle and parts sales.

Important Notes for Investors and Potential Price Sensitive Information

• Rising Guarantee Exposure: External guarantee balance reaches RMB 2.452 billion, 15.71% of net assets, but does not exceed the 50% or 100% key thresholds.
• Risk Alert: Some guarantees are for units with asset-liability ratios over 70%, potentially increasing credit risk — should be closely watched by investors.
• Company Statement: No overdue guarantees; no guarantees provided to controlling shareholders, actual controllers, or their related parties.
• Operating Stability: The company assesses all guarantee risks as controllable, and has strict credit review and safeguard measures. No material adverse effect on operations or financial health is expected at this stage.

Investor Focus Points

• Guarantee balance is steadily rising; if guaranteed parties face financial difficulties, there could be a negative impact on Yutong’s finances.
• Guarantees to high leverage units could become risky if market conditions worsen; close monitoring is advised.
• Though this is a routine update, changes in guarantee amounts or large single project guarantees may impact future cash flows and funding costs.

Summary

This announcement is a routine update on guarantee activities, all within the authorized scope. While overall risk is assessed as controllable, investors should monitor guarantees to high-leverage units and the total guarantee balance for any potential financial impact.

Disclaimer: The information above is for disclosure and reference only. It does not constitute investment advice. Investors should make prudent decisions based on their actual circumstances. Investing involves risks.

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