Shenglu Communications: Providing guarantee for a transfer credit limit of 80 million yuan to its wholly-owned subsidiary.

Shenglu Communication announced that the company had previously agreed to provide guarantees for its wholly-owned subsidiary Shenglu Limited to apply for a comprehensive credit line of up to 800 million yuan from the bank, with a validity period of twelve months from the date of approval by the 2024 annual shareholders' meeting. Recently, the company signed a contract with Ping An Bank Foshan Branch to transfer part of the comprehensive credit line to Shenglu Limited for use, providing a joint liability guarantee for the maximum exposure amount of 80 million yuan under the transferred credit line. As of the disclosure date of the announcement, the company and its controlling subsidiaries had approved guarantees of 1.4 billion yuan, accounting for 56.74% of the net assets at the end of 2024; After this guarantee, the cumulative balance of external guarantees is 216 million yuan, accounting for 8.76% of the total.