泰豪科技股份有限公司公告：全资子公司为母公司提供高额担保，担保总额超净资产50%

公告要点：

• 担保金额：泰豪科技股份有限公司（以下简称“泰豪科技”）全资子公司泰豪电源技术有限公司（以下简称“泰豪电源”）将为母公司提供最高不超过17.93亿元人民币的连带责任担保。
• 担保用途：主要用于母公司在银行、融资租赁公司等金融机构获得银行授信，满足经营发展需求。
• 担保协议主要内容：
  • 涉及上海浦发银行南昌分行（2.5亿元）、江西银行南昌高新支行（7.5亿元）、交通银行江西省分行（4.78亿元）、中国银行南昌西湖支行（3.15亿元）等多家金融机构。
  • 担保方式均为连带责任担保，担保期间为自主合同签订之日起至债务履行期限届满后三年。
  • 无反担保措施。
• 担保审批流程：按照《上海证券交易所上市公司自律监管指引第1号——规范运作》，全资子公司为母公司担保事项无需提交公司董事会、股东会审议。
• 风险提示：
  • 截至公告披露日，公司及子公司对外担保总额已超过公司最近一期经审计净资产的50%，累计担保合同金额为23.32亿元，占净资产72.92%。
  • 主要担保对象为全资或控股子公司及其下属企业，均在经公司股东会审议通过的授权担保额度范围内。
  • 公司及子公司不存在逾期担保和违规担保情形。
• 公司财务情况：
  • 2026年3月31日资产总额为112.3亿元，负债总额69.05亿元，归母净资产32.47亿元。
  • 2026年1-3月营业收入9.61亿元，归母净利润4933.57万元。
  • 公司经营状况稳定，资信状况良好，具备偿债能力。
• 对投资者的特别提示：
  • 公司及子公司对外担保总额已远超净资产50%，担保风险整体可控，但投资者需关注大额担保可能带来的潜在风险。
  • 上述担保事项可能影响公司资本结构及未来财务状况，如出现重大违约，或母公司资金链紧张，可能对公司股价产生负面影响。
  • 本次担保主要为支持公司日常经营和业务发展，符合整体利益和发展规划，但仍需谨慎关注。

详细解读：

泰豪科技公告显示，公司全资子公司泰豪电源将为母公司提供高达17.93亿元的银行授信担保。此举旨在满足公司经营发展需求，提升公司在金融机构的授信额度，为业务扩展提供资金支持。

值得注意的是，截至公告披露日，公司及子公司的对外担保合同金额高达23.32亿元，已占公司净资产的72.92%，其中绝大部分担保是公司对子公司及子公司之间的担保。虽然公司强调担保风险整体可控，经营状况稳定，具备偿债能力，且未出现逾期担保或违规担保，但超净资产50%的担保比例依然是投资者需重点关注的财务风险指标。

从担保协议来看，涉及多家银行，担保方式为连带责任担保，若母公司或被担保方出现债务违约，泰豪电源将需承担全部还款责任。且本次担保未设置反担保措施，风险由公司自身承担。合同担保期间较长，可持续至债务履行期限届满后三年。

财务数据显示，公司2026年一季度营业收入9.61亿元，归母净利润4933.57万元，资产与收入规模较大，但高额负债及担保可能影响未来财务安全和资本结构。投资者需关注公司未来的资金偿付能力及担保履约情况。

投资者关注重点：

• 公司及子公司对外担保总额高于净资产50%，担保风险显著。
• 高额连带责任担保无反担保措施，若母公司资金链出现问题，子公司需承担全部还款责任。
• 公司经营状况稳定，但需持续关注未来偿债能力及担保履约情况。
• 本次公告可能对公司股价产生影响，投资者需谨慎评估相关风险。

免责声明：

本报道仅供参考，不构成任何投资建议。投资者需自行评估相关风险，关注公司未来公告及财务变动。如因本报道所提供信息产生任何损失，责任自负。

English Version

Thaihao Technology: Subsidiary Provides Major Guarantee, Total Guarantee Exceeds 50% of Net Assets

Key Highlights:

• Guarantee Amount: Thaihao Technology Co., Ltd. (Thaihao Technology) is set to have its wholly-owned subsidiary, Thaihao Power Technology Co., Ltd. (Thaihao Power), provide up to RMB 1.793 billion in joint liability guarantees for the parent company.
• Purpose: The guarantee is mainly for the parent company’s bank credit lines with banks and other financial institutions, supporting daily operation and business expansion.
• Main Guarantee Agreements:
  • Involves Shanghai Pudong Development Bank Nanchang Branch (RMB 250 million), Jiangxi Bank Nanchang High-tech Branch (RMB 750 million), Bank of Communications Jiangxi Branch (RMB 478 million), Bank of China Nanchang Xihu Branch (RMB 315 million).
  • All guarantees are joint liability, valid from contract signing until three years after the debt’s maturity date.
  • No counter-guarantee is provided.
• Approval Process: Under Shanghai Stock Exchange rules, guarantees by a wholly-owned subsidiary for the parent company do not require board or shareholder meeting approval.
• Risk Alert:
  • As of disclosure, total external guarantee contracts for the company and subsidiaries stand at RMB 2.332 billion, or 72.92% of net assets.
  • Most guarantees are for wholly-owned or controlled subsidiaries and their affiliates, within authorized limits approved by the shareholders meeting.
  • No overdue or illegal guarantees reported.
• Financial Status:
  • As of March 31, 2026: total assets RMB 11.23 billion, total liabilities RMB 6.905 billion, net assets RMB 3.247 billion.
  • 2026 Q1 revenue: RMB 961 million, net profit attributable to parent: RMB 49.33 million.
  • Company remains stable, with good credit and repayment ability.
• Investor Reminders:
  • Total external guarantees significantly exceed 50% of net assets; risk is notable.
  • The joint liability guarantee has no counter-guarantee; should the parent default, the subsidiary bears all repayment responsibility.
  • While the company claims risk is controllable, investors should closely monitor repayment and guarantee fulfillment.
  • This announcement could affect share prices; investors should assess risks carefully.

In-depth Analysis:

Thaihao Technology’s announcement reveals the subsidiary will provide up to RMB 1.793 billion in guarantees for the parent, mainly to enhance credit lines and support business expansion. As of disclosure, total external guarantee contracts reach RMB 2.332 billion, or 72.92% of net assets—a high level that deserves investor attention.

All guarantees are joint liability; if the parent defaults, Thaihao Power must repay the debt. No counter-guarantee is set, so the risk is completely borne by the company. The guarantee period extends to three years after debt maturity.

Financials show solid revenue and net profit, but high liabilities and guarantee exposure may affect future financial safety and capital structure. Investors should watch for changes in repayment ability and guarantee fulfillment.

Investor Focus:

• Total external guarantees exceed 50% of net assets—a significant risk indicator.
• Joint liability guarantees without counter-guarantee may expose the subsidiary to full repayment obligations if the parent defaults.
• Company claims stability, but investors should monitor future repayment and guarantee fulfillment closely.
• This news may influence share prices; investors need to evaluate risks with caution.

Disclaimer:

This article is for informational purposes only and does not constitute investment advice. Investors should assess risks independently and monitor future announcements and financial changes. The author bears no responsibility for any loss resulting from reliance on this report.