Anhui Julong Transmission provides update on guarantees for subsidiary

Anhui Julong Transmission Technology announced that its cumulative guarantee contract amount is CNY 7.73 billion, representing 263.16% of its audited net assets for 2024. This includes CNY 734 million in guarantees for its wholly-owned subsidiary, Shenzhen Xinlianxin Storage Technology Co., Ltd. The company and its subsidiaries have no external guarantees outside the scope of consolidated financial statements or overdue guarantees.

The company, Mr. Huang Zewei, and Ms. Peng Hong entered into a maximum guarantee contract with Huaxing Bank Guangzhou Branch. Under this agreement, they jointly provide a maximum guarantee of CNY 20 million for Xinlianxin’s loan application to Huaxing Bank. This action falls within the scope of authority granted by the 2024 Annual General Meeting.

Separately, the company noted that its stock experienced abnormal fluctuations, with the closing price deviation accumulating over 30% across three trading days in September 2025. The board clarified that there are no unannounced major events, significant changes in operations, or undisclosed information that could impact the stock price, and there are no instances of unfair information disclosure.