CHANGYOU TECHNOLOGY's progress on subsidiary guarantees: An additional guarantee of 50 million for Changzhou Zhaogeng

In 2025, Jiangsu Changyou Environmental Protection Technology Co., Ltd. approved multiple times the proposal to provide guarantee limits for Changzhou Zhaogeng and Ulanqab Changyou to meet the production and operational needs of its wholly-owned subsidiary. The initial total guarantee limit does not exceed 520 million yuan, which was later increased by 295 million yuan. Recently, the company provided a joint liability guarantee of no more than 50 million yuan for the financing of Changzhou Zhaogeng and Huaxia Bank Changzhou Branch. As of the announcement date, the total guarantee amount for the company and its holding subsidiaries is 815 million yuan, with a total guarantee balance of 710 million yuan for subsidiaries within the consolidated financial statement scope, accounting for 96.61% of the most recent audited net assets, with no overdue or other adverse guarantee situations