Zhiyun Co., Ltd. announced that its wholly-owned subsidiary Hubei Zhiyun Changquan borrowed 3.7 million yuan from Hubei Xiaogan Rural Commercial Bank for a period of 12 months. The wholly-owned subsidiary Shenzhen Xinsanli, the shareholder Shi Liquan and Jiayuan Company, which holds more than 5% of the shares, provided joint and several liability guarantees for the loan. Shi Liquan provided a joint liability guarantee counterguarantee for Jiayuan Company's guarantee matters. Hubei Zhiyun Changquan used its own real estate to collateral counterguarantee against Jiayuan Company. After the guarantee was provided, the total guarantee amount of the company and subsidiaries was RMB 137.69 million, accounting for 64.10% of the most recent audited net assets; the actual external guarantee balance was RMB 52.7 million, accounting for 24.53%.

Zhiyun Co., Ltd. announced that its wholly-owned subsidiary Hubei Zhiyun Changquan borrowed 3.7 million yuan from Hubei Xiaogan Rural Commercial Bank for a period of 12 months. The wholly-owned subsidiary Shenzhen Xinsanli, the shareholder Shi Liquan and Jiayuan Company, which holds more than 5% of the shares, provided joint and several liability guarantees for the loan. Shi Liquan provided a joint liability guarantee counterguarantee for Jiayuan Company's guarantee matters. Hubei Zhiyun Changquan used its own real estate to collateral counterguarantee against Jiayuan Company. After the guarantee was provided, the total guarantee amount of the company and subsidiaries was RMB 137.69 million, accounting for 64.10% of the most recent audited net assets; the actual external guarantee balance was RMB 52.7 million, accounting for 24.53%.