Sheng Hong Holdings: Providing pledge guarantee for Hong Kong Sheng Hong's credit of 11 million USD.

Shenghong Group announced that in order to ensure the smooth operation of its wholly-owned subsidiary Shenghong Hong Kong, the company has signed a Certificate of Deposit Pledge Agreement with Huamei Bank to provide a pledge guarantee for a credit loan contract equivalent to USD 11 million for Shenghong Hong Kong. As of the announcement date, the total amount of guarantees provided by the company to its subsidiaries is USD 750 million, with the actual amount of guarantees being USD 95.2565 million, accounting for 4.39% of the company's most recent audited net assets, with no overdue guarantee situations.