Tai Jia announced progress on external guarantees, adding two new guarantees within the limit.

Recently, Hunan Taijia New Materials Technology Co., Ltd. issued a progress announcement on external guarantees. The company had previously authorized guarantees for its subsidiaries Luoding Yada and Taijia Alloy for a period of one year. Now, two new guarantees have been added: a contract signed with the Changsha Branch of Minsheng Bank to provide joint and several guarantee for a short-term working capital loan of 10 million yuan for Taijia Alloy; and a contract signed with the Changsha Branch of Zhejiang Commercial Bank to provide joint and several guarantee for a series of debt contracts with a maximum balance of 50 million yuan for Luoding Yada, all within the approved limits of the shareholders' meeting. As of the date of the announcement, the company has approved a total guarantee amount of 1.62 billion yuan, accounting for 117.30% of the net assets in 2024, with an actual guarantee balance of 558 million yuan, accounting for 40.40%, and no instances of overdue payments, lawsuits, or other adverse guarantee situations. It should be noted that Taijia Alloy has an asset-liability ratio exceeding 70%.