Hengsheng Energy: Provide guarantee of not more than 50 million yuan for holding subsidiaries.

Hengsheng Energy announced that in order to meet the daily production and business development needs of its holding subsidiary Huada Thermal Power, the company plans to provide a joint and several guarantee for its application to Quzhou Branch of China Merchants Bank for comprehensive credit not exceeding 50 million yuan, with a guarantee period of one year from the date of approval by the board of directors. Shareholder Zhang Qinghai of Huada Thermal Power will be jointly and severally liable for the guarantee. On May 14, 2026, this guarantee matter was approved at the 24th meeting of the third board of directors of the company and does not require approval from the shareholders' meeting. As of the date of this announcement, the actual total guarantee amount provided by the company to its holding subsidiaries is zero, with no overdue guarantee situations.