Jiujiang Defu Technology provides a guarantee of 66.3 million yuan for its subsidiary.

On May 9, 2025, DeFu Technology Co., Ltd. in Jiujiang approved a resolution at the annual shareholders' meeting of 2024, agreeing to provide a guarantee not exceeding 11,727.20 million yuan for its subsidiary, valid until December 31, 2025. Recently, the company signed a "Guarantee Contract" with the Gansu Branch of the Bank of Communications, providing a maximum guarantee of 66.3 million yuan for its holding subsidiary Gansu DeFu New Materials Co., Ltd. DeFu New Materials was established in 2018, with the company holding 51% of the shares. As of June 30, 2025, its total assets amounted to 5,080,058.20 million yuan. This guarantee is a joint liability guarantee, which will not have any adverse impact on the normal operation and business development of the company, and is in line with the overall interests of the company and its subsidiaries.