Yutong Bus updates on guarantee progress for october, total outstanding reaches CNY23.36 bn

Yutong Bus Co., Ltd. has provided an update on its guarantee progress for October 2025, in line with its annual guarantee plan. The company reported new guarantees totaling CNY16,669.28 million provided to its subsidiaries and other affiliates during the month. Additionally, guarantees for homebuyers' mortgage applications amounted to CNY889.80 million. All these guarantees fall within the scope of the 2025 annual guarantee plan, which was approved at the annual general meeting on April 25, 2025.

As of October 31, 2025, the cumulative outstanding guarantees provided by Yutong Bus to its subsidiaries and sales chain-related enterprises reached CNY23.36 billion. This represents 17.40% of the company's net assets as per its latest audited financial statements. The company confirmed it has no overdue guarantees and has not provided guarantees to its controlling shareholders or actual controllers and their related parties.

The guarantees are considered necessary for the company's normal production and operation, with the guaranteed entities maintaining stable operational status, keeping the associated risks controllable. The company’s subsidiaries benefiting from these guarantees include Hong Kong Yutong International Co., Ltd., Yutong de Mexico, S.A. de C.V., and Yutong France S.A.S.