Qi Zheng Tibetan Medicine: Intends to provide a comprehensive credit guarantee of not exceeding 700 million yuan for its subsidiary.

Qizheng Tibetan Medicine announced that it plans to provide a comprehensive credit guarantee of up to 700 million yuan for its wholly-owned subsidiary, Tibet Qizheng Tibetan Medicine Marketing Co., Ltd., by applying to a bank, valid for 12 months from the date of shareholder approval. Tibet Marketing's latest asset-liability ratio is 67.08%, with the company holding a 100% stake. The matter has been approved by the board of directors and still needs to be reviewed by the shareholders' meeting, and does not constitute a related party transaction. After this guarantee, the company and its holding subsidiaries will have a total guarantee limit of 900 million yuan, accounting for 22.14% of the latest audited net assets; as of the announcement date, the external guarantee balance is 627 million yuan, accounting for 15.42%, with no overdue or bad situations.