Hanzi Technology provides joint liability guarantee for a subsidiary's 10 million yuan letter of credit.

On March 27 and May 21, 2025, Hanwang Technology proposed to add up to 300 million comprehensive credit guarantees for its subsidiary after the board of directors and shareholders' meeting approval. Recently, its wholly-owned subsidiary, Hanwang Guocui, opened a domestic letter of credit of 10 million yuan at the China Merchants Bank Beijing Branch, for which Hanwang Technology provided joint liability guarantee. As of June 30, 2025, Hanwang Guocui's asset-liability ratio was 123.46%, with a net profit of 36.59 million yuan in the first half of the year. As of now, Hanwang Technology has guaranteed balance of 33.0258 million yuan for subsidiaries with asset-liability ratios below 70%, and after adding 10 million yuan for subsidiaries with ratios above 70%, the guaranteed balance is 64.9223 million yuan, totaling 97.9481 million yuan, accounting for 8.59% of the most recent audited net assets, with no overdue or litigation-related guarantees.