ST Huayang announced that the company applied for a working capital loan of 100 million yuan from the Changsha branch of Guangfa Bank for a period of 1 year. The controlling shareholder, Xiangjiang Group, provided a joint liability guarantee. The company had signed a counterguarantee agreement with Xiangjiang Group, provided an equal amount of joint and several liability counterguarantees, and paid the guarantee fee at a rate of 0.5% per year. The matter is within the estimated guarantee amount of 2 billion yuan reviewed and approved by the previous shareholders' meeting, and there is no need for separate review. As of the announcement date, the total external guarantees of the Company and its holding subsidiaries were $2,200 billion, accounting for 3917.03% of the latest audited net assets, with no overdue guarantees.

ST Huayang announced that the company applied for a working capital loan of 100 million yuan from the Changsha branch of Guangfa Bank for a period of 1 year. The controlling shareholder, Xiangjiang Group, provided a joint liability guarantee. The company had signed a counterguarantee agreement with Xiangjiang Group, provided an equal amount of joint and several liability counterguarantees, and paid the guarantee fee at a rate of 0.5% per year. The matter is within the estimated guarantee amount of 2 billion yuan reviewed and approved by the previous shareholders' meeting, and there is no need for separate review. As of the announcement date, the total external guarantees of the Company and its holding subsidiaries were $2,200 billion, accounting for 3917.03% of the latest audited net assets, with no overdue guarantees.