ZHONGYA GROUP provides a guarantee of 11 million for the 10 million bank acceptance business of its subsidiary

On April 27, 2025, the board of directors and the supervisory board of Hangzhou Zhongya Machinery Co., Ltd. approved a proposal to provide a guarantee of no more than 160 million yuan for its wholly-owned subsidiary, Hangzhou Ruidong Machinery Co., Ltd. On September 11, the company signed a "Guarantee Contract" with Zhejiang Merchants Bank Gongshu Branch, providing a joint liability guarantee of 11 million yuan for Ruidong Machinery's 10 million yuan bank acceptance bill business, with a guarantee period of three years. Ruidong Machinery was established in 2012 and specializes in intelligent packaging equipment, with a debt-to-asset ratio of 25.02% as of June 30, 2025. After this guarantee, the company's and its holding subsidiaries' guarantee limit is 160 million yuan, with a remaining balance of 11 million yuan, accounting for 0.69% of the most recent audited net assets, with no overdue guarantee risks