Jiudian Pharmaceutical guarantees loans for wholly-owned subsidiary

Hunan Jiudian Pharmaceutical Co., Ltd. has progressed with providing guarantees for its wholly-owned subsidiary, Hunan Jiudian Hongyang Pharmaceutical Co., Ltd. Following board approval on April 23, 2025, for a total comprehensive credit line of up to CNY 800 million, Jiudian Hongyang has secured new credit facilities.

Jiudian Hongyang recently obtained loans from Changsha Bank Co., Ltd. Liuyang Branch and Shanghai Pudong Development Bank Co., Ltd. Changsha Branch. Hunan Jiudian Pharmaceutical signed a maximum guarantee contract with Changsha Bank for a principal balance of CNY 100 million and another with Shanghai Pudong Development Bank for a principal balance of CNY 462 million. These guarantees provide Jiudian Hongyang with the necessary capital for its production and operations.

After these transactions, the remaining guarantee capacity for Jiudian Hongyang from Hunan Jiudian Pharmaceutical stands at CNY 238 million. As of the announcement date, the total guarantee amount provided by the company and its holding subsidiaries reached CNY 800 million, representing 31.66% of the company's latest audited net assets, all for wholly-owned subsidiaries. There are no overdue external guarantees, guarantees involved in litigation, or losses from adjudicated guarantees.