Golden Dragon Feather: Providing a maximum guarantee of 200 million yuan for the financing of its subsidiary.

Jinlongyu announced that recently, the cable industry has renewed the "Credit Agreement" with China Merchants Bank. The company has provided a maximum guarantee of 200 million yuan to China Merchants Bank for financing, with the guarantee method being joint and several guarantee, and the guarantee period is three years from the date of the debt performance period ending. As of now, the total estimated amount of external guarantees provided by the company and its holding subsidiaries is 295 million yuan, with a total balance of 144 million yuan, accounting for 68.27% of the company's most recent audited net assets. All guarantees are provided to units within the scope of the consolidated financial statements, and there are no overdue external guarantees. The guarantee amount this time is within the estimated limit, and there is no need to go through the approval process again.