RESUN provides a bank financing guarantee of 80 million for its subsidiary Guangdong Aowei

In 2025, Hunan RESUN Industrial Co., Ltd. and its wholly-owned subsidiary were approved to apply for a comprehensive credit limit of no more than 990 million yuan from the bank, with the company guaranteeing a limit of no more than 730 million yuan for its subsidiary. Recently, the company provided a guarantee of 80 million yuan for its wholly-owned subsidiary Guangdong Aowei to apply for bank financing and signed the "Maximum Guarantee Contract" with Changsha Bank Xingcheng Branch. As of September 2, the company's guarantee limit usage for each wholly-owned subsidiary varies, and this guarantee is within the approved limit. Guangdong Aowei has good credit and is not a dishonest executor. As of the announcement date, the company and its subsidiaries have an external guarantee balance of 133.2545 million yuan, accounting for 6.04% of the most recent audited net assets, with no overdue or abnormal guarantee situations