Shanghai Yachuang Electronics guarantees 9 million for its subsidiary, with an estimated limit of 3 billion by 2025.

Shanghai Yachuang Electronic Group Co., Ltd. Announcement: In 2025, it is expected to provide a guarantee limit of 3 billion yuan for its holding subsidiaries, including 2.5 billion yuan for bank credit business and 500 million yuan for business performance. Recently, the company signed a "Guarantee Contract" with Xiamen International Bank Shanghai Branch to jointly guarantee the credit debt of 9 million yuan for its wholly-owned subsidiary Shanghai Tanmu, within the approved limit by the shareholders' meeting. Shanghai Tanmu's asset-liability ratio for 2024 is below 70%. After the guarantee, the company guarantees a balance of 162 million yuan for bank credit business with an asset-liability ratio below 70%, with an available limit of 338 million yuan. As of the announcement date, the company and its subsidiaries have a guarantee balance of 598 million yuan for bank credit business, accounting for 48.13% of the most recent audited net assets attributable to the parent company, and there are no abnormal guarantee situations such as overdue.