Nanwei Software: Providing guarantee for subsidiary's 3.8 billion RMB fixed asset project loan.

Nanwei Software announced that, in order to meet the funding needs for the construction of its global headquarters in Beijing, its wholly-owned subsidiary, Northern Technology Group, plans to apply for a fixed assets project loan of no more than 380 million yuan from a consortium of banks. The company and its subsidiaries will provide guarantees and credit enhancement measures. Among them, Northern Technology Group will mortgage its land use rights and construction in progress, with the company serving as a joint borrower and pledging 100% of its shares in Northern Technology Group and three invention patents it holds. This guarantee does not require counter-guarantees, with a guarantee period of two years, and still requires approval from the shareholders' meeting. As of the announcement date, the total amount of external guarantees provided by the company and its controlling subsidiaries is 617 million yuan, accounting for 26.14% of the latest audited net assets, with no overdue guarantees.