Xianggang Technology: Providing joint guarantee of 102 million yuan for its holding subsidiary, Jiushu Technology.

Announcement from Shanghai Xianggang Packaging Technology Co., Ltd.: the company provided a joint and several guarantee of 102 million yuan for its subsidiary Jiushu Technology Co., Ltd., with a guarantee period of three years after the expiration of the main debt performance period. As of the announcement date, the company's actual guarantee balance for Jiushu Technology was 113.5324 million yuan. This guarantee does not require further approval procedures within the approved guarantee amount of 500 million yuan by the company in 2025. Jiushu Technology had total assets of 453.6562 million yuan, revenue of 98.3563 million yuan, and net profit of 14.6816 million yuan in the first quarter of 2025; and revenue of 365.322 million yuan and net profit of 462.934 million yuan for the full year of 2024. The company's accumulated external guarantee balance accounted for 13.81% of the net assets in 2024, with no overdue guarantee issues.