KEC provides a maximum guarantee of 200 million for its subsidiary

On September 17, 2025, Kailuan Energy and Chemical Co., Ltd. signed a "Maximum Guarantee Contract" with the Hebei Branch of the Export-Import Bank of China, providing a maximum guarantee of RMB 200 million for the letter of credit business under the "General Agreement on Trade Finance Credit Business" for its wholly-owned subsidiary Tangshan Zhonghao Chemical Co., Ltd. The guarantee period is three years from the due date of each "secured debt" under the "main contract," and the guarantee method is a maximum joint liability guarantee, with Tangshan Zhonghao not providing counter-guarantee. This guarantee has passed the relevant review procedures. As of the announcement date, the company's total external guarantee amount is RMB 1,516.2873 million, accounting for 10.61% of the most recent audited net assets, with no overdue or irregular guarantees