AYIS plans to provide joint liability guarantees for 100 million financing for its subsidiary

On September 23, 2025, the twelfth extraordinary board meeting of AYIS passed a resolution to provide joint liability guarantees for the financing of its holding subsidiary, Henan Angang Zhoukou Steel Co., Ltd., not exceeding 100 million yuan, with a financing period of no more than 3 years. This resolution is subject to the approval of the shareholders' meeting. As of the announcement date, the company has cumulatively guaranteed 3,424.6213 million yuan for the Zhoukou company, excluding this time. The Zhoukou company has good credit, and its financial indicators for the recent year show certain changes in assets, revenue, etc. Currently, the total amount of guarantees provided by the company and its holding subsidiaries is 5,014.63128 million yuan, accounting for 189.42% of the most recent audited net assets, with no overdue guarantees. However, the total amount of guarantees provided by the company and its holding subsidiaries exceeds 50% of the most recent audited net assets, reminding to pay attention to risks