Kangheng Group: Signs a 4.5 Billion Yuan Maximum Pledge Contract.

Kecong announced that the company and its wholly-owned subsidiary, Yingde Kecong, have signed a "maximum amount pledge contract" with Zhuhai Gree Supply Chain, providing a maximum pledge guarantee of 450 million yuan. This cooperation aims to support Kecong and its subsidiaries in their supply chain procurement business and ensure the full performance of related agreements. The scope of the pledge guarantee includes all accounts receivable generated by the company and its subsidiaries from January 23, 2025 to December 31, 2026. The agreement has been reviewed and approved by the company's board of directors and shareholders' meeting.