Xiangjiang Holdings: Providing joint and several liability guarantee of 204 million yuan for its subsidiary.

Hong Kong Holdings announced that in November 2025, in order to meet the development needs of Panyu Jinjiang, the company provided a joint and several guarantee for a 60-month loan of 400 million yuan applied by China Merchants Bank on behalf of Panyu Jinjiang according to its shareholding ratio, with a principal balance not exceeding 204 million yuan, without any counter-guarantee. The company's controlling subsidiaries Guangzhou Waterfall and Panyu Jinjiang provided mortgage guarantees for this loan. The company authorized the guarantee plan for the year 2025 until the date of the annual shareholders' meeting of the following year. As of the announcement date, the company and its subsidiaries have a total external guarantee balance of 2.093 billion yuan, accounting for 35.48% of the audited net assets for the year 2024, with no overdue guarantees.