SHUNBO has added a guarantee of 200 million for its subsidiary, bringing the total guarantee to 858 million

Chongqing Shunbo Aluminum Alloy Co., Ltd. announced the progress of guarantee matters. In the 2024-2025 shareholders' meeting, the company, its wholly-owned subsidiaries, and its subsidiaries approved mutual guarantees, with the total amount expected to increase from 5 billion to 5.55 billion. Recently, the wholly-owned subsidiary Shunbo Sales applied for a credit limit of 150 million from China Merchants Bank Chongqing Branch and a financing limit of 50 million from Huaxia Bank Chongqing Liangjiang Jinyu Branch, with the company providing joint liability guarantees, totaling 858 million in guarantees, within the approved limit. As of the announcement date, the company's and related entities' guarantee limit is 5.55 billion, with an external guarantee balance of 3.516 billion, accounting for 110.47% of the most recent audited net assets, with no overdue or litigation-related guarantee situations