Han Cable Co., Ltd. provides a joint and several liability guarantee of 10 million RMB for its subsidiary.
On August 1, 2025, the sixth session of the board of directors of Qingdao Han Cable Co., Ltd. passed the resolution to provide a guarantee of up to 20 million yuan for its holding subsidiary Dukexin Material. On September 22, the company signed a "Maximum Guarantee Contract" with the Agricultural Bank of China Qingdao Laoshan Branch to provide a joint and several liability guarantee of up to 10 million yuan for Dukexin Material, with the guarantee period from September 22, 2025 to September 21, 2026. As of the date of the announcement, the company and its holding subsidiaries have provided guarantees to external parties totaling no more than 701.5 million yuan, with a total guarantee balance of 192.47 million yuan, accounting for 2.37% of the most recent audited net assets, and there are no overdue or other bad guarantee situations.
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