Black sesame: apply to the bank for a loan of no more than 110 million yuan in working capital.

Black Sesame Announcement: The company's revolving loan from the Industrial and Commercial Bank of Rongxian Branch will gradually mature. Now, in accordance with the needs of business development, the company plans to continue to apply to the bank for a total amount not exceeding 110 million yuan, with a term of one year, for the purpose of working capital turnover. The company's current application for working capital loans is conducive to conducting business operations, further promoting the company's sustainable and healthy development, and is in line with the overall interests of the company and all shareholders, without any adverse impact on the company. As of now, the company's asset-liability structure is reasonable, operational conditions are normal, and there is adequate debt repayment ability. This loan application will not bring significant financial risks to the company.