Core Viewpoint - Wuhu Yichang Technology Co., Ltd. has obtained a patent for a "lightweight all-plastic tailgate processing system spray painting equipment" [1] Company Overview - Wuhu Yichang Technology Co., Ltd. was established in 2011 and is located in Wuhu City, primarily engaged in other manufacturing industries [1] - The company has a registered capital of 260 million RMB [1] - According to Tianyancha data, the company has invested in 2 enterprises and participated in 11 bidding projects [1] - The company holds 155 patent records and has 17 administrative licenses [1]

Summary of Key Points Core Viewpoint - The company, Guangzhou Yichang Technology Co., Ltd., has approved a total external guarantee limit of up to RMB 1.7 billion for the year 2025, which includes specific allocations based on the debt-to-asset ratio of its subsidiaries [2]. Group 1: Guarantee Overview - The company and its subsidiaries are authorized to provide guarantees for various financing activities, including loans and credit letters, with a total limit of RMB 1.7 billion [2]. - The guarantee limit is divided into RMB 1.05 billion for subsidiaries with a debt-to-asset ratio below 70% and RMB 650 million for those above 70% [2]. - The guarantees can be reused, but the outstanding guarantee balance at any time cannot exceed the approved limit [2]. Group 2: Specific Guarantees for Subsidiaries - The company has provided a guarantee of RMB 36 million for its subsidiary, Anhui Yichang Technology Co., Ltd., which has applied for a credit limit of RMB 30 million from China Trust Commercial Bank [3]. - Anhui Yichang Technology Co., Ltd. has a registered capital of RMB 163.07 million and is involved in various business activities, including plastic products manufacturing and automotive parts development [3][4][5]. - The guarantee agreement specifies a joint liability guarantee with a two-year guarantee period following the maturity of the main contract [6]. Group 3: Additional Guarantees for Other Subsidiaries - The company has also provided a guarantee of RMB 12 million for its subsidiary, Qingdao Hengjia Precision Technology Co., Ltd., which has applied for a credit limit of RMB 10 million from Industrial Bank [8]. - Qingdao Hengjia Precision Technology Co., Ltd. has a registered capital of RMB 151.38 million and engages in similar business activities as Anhui Yichang Technology Co., Ltd. [9][10][11]. - The guarantee for Qingdao Hengjia Precision Technology Co., Ltd. also follows a joint liability structure with a three-year guarantee period for each financing [11]. Group 4: Cumulative Guarantee Status - As of the announcement date, the total guarantees provided by the company to its subsidiaries amount to RMB 428.37 million, representing 78% of the company's audited net assets attributable to shareholders for 2024 [13]. - There are no overdue guarantees, and subsidiaries have not provided guarantees for the parent company [13].

Core Points - Yichang Technology announced that as of the date of the announcement, the company does not provide guarantees for companies outside the scope of the consolidated financial statements [2] - The company has no overdue guarantee situations [2]

证券代码：002420 证券简称：毅昌科技 公告编号：2025-070 广州毅昌科技股份有限公司 关于提供担保的进展公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 特别提示： 公司及下属子公司对外担保金额超过最近一期经审计净资产 50%，敬请广大投资者充分关注担保风险。 一、担保情况概述 广州毅昌科技股份有限公司（以下简称"公司"）于 2025 年 3 月 20 日召开的第六届董事会第十八次会议，于 2025 年 4 月 15 日召 开的 2024 年年度股东大会，审议通过了《关于 2025 年度对外担保额 度预计的议案》，同意公司及下属公司向银行、租赁公司等融资机构 申请综合授信、贷款、开具保函（含分离式）、开立信用证、银行承 兑汇票、开展融资租赁业务等融资担保、采购及其他日常经营所需， 提供总额不超过人民币 17 亿元的担保额度，其中为资产负债率低于 70%的公司提供担保额度为 10.5 亿元，为资产负债率高于 70%的公司 提供担保额度为 6.5 亿元。担保额度可循环使用，但任一时点的担保 余额不得超过股东大会审议通过的担保额度。担保情形包括公司为 ...

Core Viewpoint - Yichang Technology has confirmed its role as a significant supplier for Xiaopeng Motors, providing essential components and products [2] Group 1 - Yichang Technology responded to investor inquiries on November 11, highlighting its importance as a supplier to Xiaopeng Motors [2] - The company supplies parts and liquid cooling plates to Xiaopeng Motors and molds and related products to Xiaopeng Huitian [2]

Core Viewpoint - The company emphasizes its commitment to research and development, particularly in the fields of energy storage liquid cooling components and power battery liquid cooling components, achieving certain technological results that have been successfully applied to related products [1] Group 1 - The company has made significant technological advancements in energy storage and power battery cooling structures [1] - Future plans include strengthening technological innovation and increasing R&D intensity to better meet market demands [1] - The goal is to improve product gross margins through enhanced R&D efforts [1]

Core Viewpoint - The company emphasizes its commitment to research and development, particularly in the fields of energy storage liquid cooling components and power battery liquid cooling components, achieving significant technological advancements [1] Group 1: R&D Focus - The company has made notable progress in technology related to energy storage and power battery liquid cooling components, with some applications already integrated into relevant products [1] - Future plans include strengthening technological innovation and increasing R&D intensity to better meet market demands [1] Group 2: Market and Profitability - The company aims to enhance product gross margins through improved R&D efforts and innovation [1]

Core Viewpoint - Yichang Technology (002420.SZ) identifies Xiaopeng as a significant client, providing components and liquid cooling plates for Xiaopeng Motors, as well as molds and related products for Xiaopeng Huitian [1] Group 1 - Yichang Technology is engaged in supplying parts to Xiaopeng Motors [1] - The company also provides molds and associated products to Xiaopeng Huitian [1]

Core Viewpoint - The company, Yichang Technology, plans to transfer assets to enhance cash flow and optimize its financial structure, which is expected to increase earnings per share by 0.3 yuan for the year [1][2]. Group 1: Asset Transfer Details - The company will transfer properties and land use rights from its subsidiaries, Jiangsu Yichang Technology and Jiangsu Design Valley Technology, to a government-owned asset management company for a negotiated price based on an assessed value of 245.3096 million yuan [1]. - The assets include four buildings (total area of 61,616.88 square meters) and five structures, along with land use rights (66,667.00 square meters) from Jiangsu Yichang, and three buildings (total area of 8,818.94 square meters) and one structure, along with land use rights (33,333.00 square meters) from Jiangsu Design Valley [1]. Group 2: Financial Impact - The asset assessment values are 189.7313 million yuan for Jiangsu Yichang (with a 207.89% appreciation) and 55.5783 million yuan for Jiangsu Design Valley (with a 336.96% appreciation) [1]. - The transaction is expected to significantly enhance the company's cash flow, improve debt repayment capacity, and lower the debt-to-asset ratio, thereby optimizing the overall financial structure [2].

Core Viewpoint - Yichang Technology (002420) plans to transfer assets from its wholly-owned subsidiaries to the government for storage, aiming to optimize resource allocation and enhance cash flow [1][2]. Group 1: Asset Transfer Details - The company intends to transfer the real estate and land use rights of its subsidiary Jiangsu Yichang and Jiangsu Design Valley to the government, managed by Kunshan Kunkaichuang Asset Management Co., Ltd. [1] - The market value of Jiangsu Yichang's assets is assessed at 189.73 million yuan, with an appreciation of 128.11 million yuan, resulting in an appreciation rate of 207.89% [1]. - The market value of Jiangsu Design Valley's assets is assessed at 55.58 million yuan, with an appreciation of 42.86 million yuan, resulting in an appreciation rate of 336.96% [1]. Group 2: Financial Implications - The transaction is based on an assessed value of 245 million yuan, with a maximum price adjustment of 5% agreed upon by the parties involved, and payment will be made in four installments [1]. - The proceeds from the transaction will be used to supplement working capital and invest in the company's main business [2]. - The transaction is aligned with the company's strategic development plan, aiming to improve resource allocation and increase cash flow [2].