LANCY received a credit line of 150 million, with guarantees provided by its subsidiaries and actual controllers

LANCY announced that in order to meet operational funding needs, it has applied for a comprehensive credit limit of 150 million yuan from the Beijing branch of PAB. Its wholly-owned subsidiary, LANCY Medical Management, provides joint liability guarantees for the company, and the controlling shareholder, Shen Dongri, and his spouse, Ms. Weng Jie, also provide gratuitous joint liability guarantees for the company. This guarantee is within the approved limit and does not require further review. As of the announcement date, the total external guarantee balance of the company and its controlling subsidiaries is 1.129 billion yuan, accounting for 40.51% of the audited net assets for the fiscal year 2024; the total guarantee balance for entities outside the consolidated financial statements is 360 million yuan, accounting for 12.92%. The company and its controlling subsidiaries have no overdue or litigated adverse guarantee situations. The board of directors believes that this guarantee is in line with the interests of the company and its shareholders, with no negative impact