BANGJIE: The subsidiary of the photovoltaic sector has accumulated overdue loans of 967 million yuan

BANGJIE announced that its subsidiary in the photovoltaic sector is facing pressure from the external operating environment and tightening credit policies from financial institutions, resulting in some credit not being renewed and being required to repay early by financial institutions, leading to significant short-term debt pressure. As of July 2, 2025, the total amount of overdue or early-maturing loans from the subsidiary in the photovoltaic sector to financial institutions is approximately 967 million yuan, accounting for 322.51% of the audited net assets of the listed company for the fiscal year 2024