Yutong Bus reports on guarantee progress

Zhengzhou Yutong Bus Co., Ltd. announced its guarantee progress as of October 13, 2025, revealing new transactions and a cumulative guarantee balance. In September 2025, the company issued new guarantees totaling 41,396.82 million yuan for its subsidiaries and 1,548.60 million yuan in phased guarantees for homebuyers. These guarantees align with the company's annual guarantee plan approved on April 25, 2025, and primarily support normal operational and sales-related activities.

The guarantees for subsidiaries include transactions with entities such as YUTONG FRANCE S.A.S., YUTONG CHILE SPA, and YUTONG MEXICO, S.A.DE C.V., covering performance bonds and bid bonds. The company noted that all new guarantees are provided without counter-guarantees, and some entities receiving guarantees have a debt-to-asset ratio exceeding 70%.

As of September 30, 2025, the total outstanding guarantees provided by Yutong Bus for its subsidiaries and sales chain-related enterprises reached 2.834 billion yuan. This amount represents 21.12% of the company's most recent audited net assets. The company reported no overdue guarantees and no guarantees provided for controlling shareholders or their related parties.