Truchum provides new guarantees for subsidiary's bank credit

Anhui Truchum Advanced Materials & Technology Co., Ltd. (Truchum) has issued new guarantees for its controlled subsidiary, Jiangsu Xinhai High Conductive New Material Co., Ltd., totaling RMB 16 billion. This includes a RMB 10 billion comprehensive credit facility from Huaxia Bank Zhenjiang Branch and a RMB 6 billion comprehensive credit facility from China Merchants Bank Zhenjiang Branch, both under joint liability guarantees. These guarantees are part of the RMB 1,080 billion total credit facility approved by the board and shareholders.

Following these latest guarantees, Truchum's total outstanding guarantees for Xinhai High Conductive now stand at RMB 165 billion. The company's total cumulative external guarantees amount to RMB 922.758 billion, representing 106.38% of Truchum's net assets attributable to shareholders as of September 30, 2025 (unaudited). All guarantees are for consolidated subsidiaries, with no overdue guarantees or litigation-related guarantees.