Huazheng New Materials announced that in order to support the business development of the subsidiary, “Guarantee Contracts” were signed with the Zhuhai Branch of the Bank of Communications and the Hangzhou Zhongan Branch of the Industrial and Commercial Bank of China on December 19, 2025, respectively, to provide joint and several liability guarantees for Huazheng's 150 million yuan credit business in Zhuhai and Zhejiang Huaju's 25 million yuan credit business, with no reverse guarantee. The company has previously passed the relevant guarantee bill. This guarantee is within the limit, and there is no need for further review. As of the disclosure date of the announcement, the total external guarantees of the company and its subsidiaries were $3,798 billion, accounting for 260.98% of the 2024 audited net assets, with no overdue guarantees.

Huazheng New Materials announced that in order to support the business development of the subsidiary, “Guarantee Contracts” were signed with the Zhuhai Branch of the Bank of Communications and the Hangzhou Zhongan Branch of the Industrial and Commercial Bank of China on December 19, 2025, respectively, to provide joint and several liability guarantees for Huazheng's 150 million yuan credit business in Zhuhai and Zhejiang Huaju's 25 million yuan credit business, with no reverse guarantee. The company has previously passed the relevant guarantee bill. This guarantee is within the limit, and there is no need for further review. As of the disclosure date of the announcement, the total external guarantees of the company and its subsidiaries were $3,798 billion, accounting for 260.98% of the 2024 audited net assets, with no overdue guarantees.