Dingsheng New Materials: Provide a guarantee of 15 million US dollars for its holding subsidiary.

Dingsheng New Materials announced that, in order to meet the daily production and operation needs of its holding subsidiary Dingheng New Materials, the company provided a maximum joint and several guarantee of $15 million for its working capital loan application to China Bank and other financial institutions. The guarantee period is two years from the date of debt performance maturity, with no counter-guarantee. This guarantee is within the authorized amount of the annual shareholders' meeting. As of the date of the announcement submission, the company and its subsidiaries have a total external guarantee balance of approximately 3.16 billion yuan, accounting for 42.01% of the latest audited net assets, with no overdue external guarantee situations.