Yutong Bus issues significant guarantees for subsidiaries and employee housing

Yutong Bus Co., Ltd. announced its November 2025 guarantee progress, highlighting financial backing for its subsidiaries and employee housing. During November 2025, the company provided guarantees totaling CNY 80,383.73 million to its wholly-owned subsidiaries, including Yutong France, Yutong de Mexico, and Hong Kong Yutong International.

Additionally, Yutong Bus issued guarantees amounting to CNY 172.60 million for homebuyers in its employee housing projects. These guarantees are within the scope of the annual guarantee plan approved at the 2024 Annual General Meeting on April 25, 2025.

The total outstanding guarantees provided by Yutong Bus to its subsidiaries and sales chain-related enterprises amounted to CNY 31.34 billion as of November 30, 2025. This figure represents 23.34% of the company's most recently audited net assets. The company reported no overdue guarantees and confirmed that no guarantees were provided to its controlling shareholder, actual controller, or their related parties.

The company stated that these guarantees align with normal production and operational needs and manage guarantee risks effectively. Strict credit review and protective measures are in place to ensure these guarantees do not adversely affect the company's operations, financial health, or shareholder interests.