Golden Dragon Secures Two-Year Extension for Dongguan Trust Loan

Guangdong Golden Dragon Development Co., Ltd. ("the Company") announced that as of December 5, 2025, it has signed a two-year extension agreement and related legal documents with Dongguan Trust Co., Ltd. ("Dongguan Trust"). This agreement addresses the Company's outstanding loan balance of 137,139.73萬元, which was previously overdue.

The extension follows an earlier announcement on October 29, 2025, regarding certain overdue debts. Despite the Company's second extraordinary general meeting in 2025 approving a resolution for loan extension, an initial disagreement on specific terms of the extension contract with Dongguan Trust had delayed formal signing.

Under the new agreement, the original pledge of 33.88% equity held by the Company in Zhongshan Securities Co., Ltd. will also be extended accordingly, providing a resolution to the previously un-cleared debt situation.