Baoming Technology provides joint liability guarantee for the business of its wholly-owned second-tier subsidiary of 50 million.

Bao Ming Technology announces progress in providing guarantees for its wholly-owned secondary subsidiary. Previously, the company and its subsidiaries planned to apply for a comprehensive credit/loan limit of not more than 6 billion and to provide mutual guarantees. Recently, the wholly-owned secondary subsidiary, Gan Zhou Bao Ming, signed a "Supply Chain Service Agreement" with De Yuan Supply Chain, obtaining a credit limit of 50 million. Bao Ming Technology and Bao Ming Precision will provide joint and several guarantees for the performance of this agreement within the approved range of the board of directors and shareholders' meeting. As of June 30, 2025, the total assets of Gan Zhou Bao Ming were 716.9029 million yuan, and the total liabilities were 349.6463 million yuan. As of the disclosure date of the announcement, the company guaranteed loans for its subsidiaries in the amount of 427.1689 million yuan, and the subsidiaries guaranteed loans for the company in the amount of 343.4154 million yuan, with no overdue guarantees or other issues.