Shenglu Communications announced that the company previously agreed to provide a guarantee for the wholly-owned subsidiary Shenglu Limited to apply for a comprehensive credit line of not exceeding 800 million yuan from the bank, which is valid for 12 months from the date of review and approval at the 2024 Annual Shareholders' Meeting. Recently, the company signed a contract with Ping An Bank's Foshan branch to transfer part of the comprehensive credit line to Shenglu Limited for use, providing a joint and several liability guarantee for the exposure amount of 80 million yuan under the transfer credit line. As of the disclosure date of the announcement, the company and its holding subsidiaries had approved a guarantee amount of 1.4 billion yuan, accounting for 56.74% of net assets at the end of 2024; after this guarantee, the cumulative external guarantee balance was 216 million yuan, accounting for 8.76%.

Shenglu Communications announced that the company previously agreed to provide a guarantee for the wholly-owned subsidiary Shenglu Limited to apply for a comprehensive credit line of not exceeding 800 million yuan from the bank, which is valid for 12 months from the date of review and approval at the 2024 Annual Shareholders' Meeting. Recently, the company signed a contract with Ping An Bank's Foshan branch to transfer part of the comprehensive credit line to Shenglu Limited for use, providing a joint and several liability guarantee for the exposure amount of 80 million yuan under the transfer credit line. As of the disclosure date of the announcement, the company and its holding subsidiaries had approved a guarantee amount of 1.4 billion yuan, accounting for 56.74% of net assets at the end of 2024; after this guarantee, the cumulative external guarantee balance was 216 million yuan, accounting for 8.76%.