Putailai: Provides an additional guarantee of 158 million for its subsidiary Sichuan ZhuoQin, within the limit

Putailai announced the progress of guarantees for its subsidiaries. Due to the credit line of its wholly-owned subsidiary Sichuan ZhuoQin, the company signed a "Guarantee" with JP Morgan's Shanghai branch to guarantee its credit limit of 158 million yuan. After this guarantee, deducting the expired guarantees, the company and its subsidiaries have cumulatively guaranteed Sichuan ZhuoQin for 5.21815 billion yuan, with a total of 358 million yuan from 2025 to date, all within the approved limit of the shareholders' meeting. Sichuan ZhuoQin was established in 2020, with total assets of 4.8157728 billion yuan by the end of 2024. This guarantee is a joint liability guarantee, with a guarantee period of 3 years after the last financing matures. As of the announcement date, the company's total actual external guarantees amount to 17.591 billion yuan, accounting for 95.67% of the audited net assets attributable to the parent company for 2024, with no overdue guarantees