ST Xingnong: providing a guarantee of 10 million RMB for its wholly-owned subsidiary.

ST Xingnong announced that the company has signed a "maximum guarantee contract" with Weifang Bank, providing a joint guarantee of 10 million yuan without counter-guarantee for its wholly-owned subsidiary Zhongcheng Motors to apply for a bank credit line. Zhongcheng Motors was established in January 2024 with a registered capital of 400 million yuan, with the company holding 100% of its equity. As of the announcement date, the total amount of external guarantees provided by the company and its controlling subsidiaries was 242.65 million yuan, accounting for 101.58% of the latest audited net assets; the cumulative amount of overdue external guarantees was 1.7382 million yuan, and the company is currently recovering the amount.