Joint Guarantee of 285 million yuan provided by HeaGroup for its subsidiary company.

Gehua New Energy announced that in order to support the development of its subsidiary Meikang Power business, it recently signed "Maximum Amount Guarantee Contracts" with Yang Branch of Hefei Commercial Bank and Hefei Science and Technology Branch of Industrial and Commercial Bank of China respectively, providing joint and several liability guarantees, with guaranteed maximum principal balances of 100 million yuan and 185 million yuan, respectively. The above-mentioned guarantee matters do not need to be re-audited within the approved annual guarantee limit. As of the disclosure date of the announcement, the company's audited guarantee amount is 4 billion yuan, accounting for 234.85% of the most recent audited net assets; the actual guaranteed balance is 2.761 billion yuan, accounting for 162.13%, with no overdue guarantees.