Zhongtian Technology adjusts subsidiary guarantee limits for 2025

Jiangsu Zhongtian Technology Co., Ltd. (Zhongtian Technology) is adjusting the guarantee limits for certain controlled subsidiaries for 2025. The company will increase the guarantee amount for two subsidiaries: 350,000,000 yuan for Liyang Ocean Engineering Co., Ltd., and 1,150,000,000 yuan for Chongqing Changqin Auto Parts Co., Ltd. Concurrently, the guarantee limit for Zhongtian Technology Haicable Co., Ltd. will be reduced by 1,470,000,000 yuan, and Zhongtian Group Shanghai Superconducting Technology Co., Ltd. will see its limit reduced by 3,000,000 yuan.

These adjustments result in a net zero change to the total approved guarantee amount of the company. As of August 31, 2025, the total external guarantees by the company and its subsidiaries amounted to 1,107,963,350,000 yuan, with guarantees for controlled subsidiaries also at 1,107,963,350,000 yuan, representing 30.94% of the company's net assets from its last audited period (2024).

The company confirmed that all guarantee adjustments are within the scope of its previously approved shareholder meeting resolutions, eliminating the need for further board or shareholder review. All entities receiving increased limits have strong credit profiles, and the adjustments are deemed necessary to support their normal business operations without impacting the company's continuous operations or shareholder interests.