Jiangsu Henghui Security provides a guarantee for the full-owned subsidiary 100 million credit line.

On September 26, 2025, the 18th meeting of the third board of directors of Jiangsu Henghui Security Group Co., Ltd. passed a proposal to meet the working capital needs of its Vietnamese factory. Its wholly-owned subsidiary, Henghui Safety and Protection Products Co., Ltd., plans to apply for a comprehensive credit of up to 100 million yuan from the Shanghai branch of China CITIC Bank, with a term of 1 year. The company will provide a joint and several guarantee for the highest amount. The guarantor was established in February 2024 and has not been listed as a dishonest executor. As of the announcement date, the total amount of external guarantees approved and being executed by the company and its controlling subsidiaries is 460 million yuan, accounting for 37.84% of the audited net assets at the end of 2024. After the implementation of this guarantee, the total amount of external guarantees approved will be 560 million yuan, accounting for 46.07%, all guaranteed for wholly-owned subsidiaries and grandchildren. There are no overdue or other violations.