Xilong Science and Technology: Providing 70 million yuan in guarantees for its subsidiaries, disclosing the total guarantee situation.

Xilong Science announced that the company provided guarantees for its subsidiaries, Shanghai Xilong Chemical and Guangdong Xilong Chemical, in financing from financial institutions. Specifically, the company provided guarantees of 30 million yuan and 10 million yuan for the debts of Shanghai Xilong Chemical at the Shanghai Branch of China Merchants Bank and the Putuo Branch of the Shanghai Rural Commercial Bank, respectively, and provided a guarantee of 30 million yuan for the debt of Guangdong Xilong Chemical at the Shantou Branch of Industrial Bank. As of the date of the announcement, the total amount of external guarantees provided by the company and its controlling subsidiaries is 0 yuan, with actual guarantee balances of 952 million yuan for the controlling subsidiaries, 828 million yuan for the controlling subsidiaries' guarantees to the company, and 16 million yuan for subsidiary-to-subsidiary guarantees. These amounts represent 41.40%, 35.99%, and 0.70% of the most recent audited net assets, respectively, with no overdue guarantees.