Huayang Lianzhong: Plans to conduct perpetual debt financing of 800 million yuan from its controlling shareholder.

Huayang Lianzhong announced that to repay debts and replenish working capital, the company plans to conduct perpetual bond financing with its controlling shareholder, Hunan Xiangjiang New Area Development Group Co., Ltd., with a financing amount of 800 million yuan. Xiangjiang Group holds 19.81% of the company's shares. The annual interest rate for this financing is 4%, with no fixed maturity date, and the initial single continuity period is 3 years. This proposal has been reviewed and approved by the company's board of directors and is now submitted for consideration at the extraordinary shareholders' meeting on August 10, 2026, as a special resolution.