Shanghai Yongmaotai provides a maximum guarantee for a subsidiary's 35 million credit line.

Recently, Shanghai Yongmaotai Automotive Technology Co., Ltd. signed a "Guarantee Contract" with Bank of Communications, providing the highest amount of guarantee for the credit business of its wholly-owned subsidiary Shanghai Yongmaotai Automotive Parts Co., Ltd. in the bank, with a maximum creditor's right of 35 million yuan and a guarantee period of three years after the expiration of the last performance deadline of all the main debts under the main contract, with no counter-guarantee. The guarantee has undergone internal decision-making procedures. As of September 22, 2025, the company's guarantee balance for Shanghai parts is 619.76 million yuan, and the total guarantee balance for the company and its subsidiaries is 1.226 billion yuan, accounting for 58.40% of the audited net assets in the consolidated financial statements at the end of 2024, and there is no overdue situation. This guarantee is to meet the daily operating capital needs of the subsidiary, with relatively controllable risks.