InterContinental Union Provides Guarantee Progress Announcement for Subsidiary's $20 million credit line.

On September 23, 2025, Zhongji Joint Technology Co., Ltd. announced the progress of providing guarantees for its wholly-owned subsidiary, Zhongji Joint Equipment Manufacturing Co., Ltd. Zhongji Equipment applied to China Merchants Bank Beijing Branch for a comprehensive credit of 20 million yuan with a term of 1 year, and the company has signed the "Irrevocable Guarantee Letter" providing joint and several liability guarantees. As of the announcement date, the actual guarantee balance of the company is 9.3055 million yuan, and the total amount of guarantees provided by the company and its holding subsidiaries to outsiders is 260 million yuan, accounting for 10.05% of the audited net assets of 2024, with no overdue guarantees. This guarantee is used for various businesses with controllable risks, which will help the subsidiary's operation and development.