Baiyang Group: Adjust subsidiary guarantees and provide a guarantee of 10 million RMB for its loan.

Baoyang Corporation announced that the total guarantee amount for its subsidiary in 2025 shall not exceed 544 million yuan. In order to meet the business needs of its subsidiary, the company will transfer the unused guarantee amount of 10 million yuan from Guangxi Baijia to Hainan Aquaculture, reducing Baijia's guarantee amount to 65 million yuan and increasing Hainan Aquaculture's guarantee amount to 20 million yuan. Recently, Hainan Aquaculture applied for a 10 million yuan working capital loan from the Haidian Branch of Hainan Bank, with the company providing joint and several liability guarantees. After the guarantee, the company's actual guarantee balance for Hainan Aquaculture reached 20 million yuan, leaving no remaining guarantee amount available. As of the disclosure date of this announcement, the company and its controlling subsidiary have a total external guarantee balance of 621 million yuan, accounting for 46.67% of the latest audited net assets.