Xingye Technology: Providing a guarantee of 90 million yuan for the newly added comprehensive credit of its subsidiary.

Xingye Technology announced that the company had previously considered and approved a proposal to provide a cumulative guaranteed amount of up to 1.43 billion yuan for its subsidiaries. Currently, Ping An Bank Quanzhou Branch has provided a comprehensive credit of 50 million yuan to its subsidiary Baotai Leather, with the company and Fujian Kuofa Industry sharing joint liability; and China Merchants Bank Quanzhou Branch has provided a comprehensive credit of 40 million yuan to its subsidiary Hongxing Automotive Leather, with the company providing joint liability guarantee. As of now, the company's external guarantee amount is 1.18 billion yuan, accounting for 49.04% of the audited net assets attributable to the listed company in 2024, and 26.28% of total assets, with no overdue guarantees.