Ming Xin Xuteng announced that on July 21, the company signed a “maximum guarantee contract” with the Jiaxing branch of the Bank of Ningbo to provide a guarantee of up to 50 million yuan for claims under the main contract signed by Bank of Ningbo and its wholly-owned subsidiary Xuteng Technology from July 16, 2026 to July 16, 2027. The original 50 million yuan guarantee will expire after the new contract comes into effect, and the guarantee balance is still 50 million yuan. As of the announcement date, the total external guarantees of the company and its holding subsidiaries were 145 million yuan, accounting for 8.48% of the latest audited net assets, with no overdue guarantees.

Ming Xin Xuteng announced that on July 21, the company signed a “maximum guarantee contract” with the Jiaxing branch of the Bank of Ningbo to provide a guarantee of up to 50 million yuan for claims under the main contract signed by Bank of Ningbo and its wholly-owned subsidiary Xuteng Technology from July 16, 2026 to July 16, 2027. The original 50 million yuan guarantee will expire after the new contract comes into effect, and the guarantee balance is still 50 million yuan. As of the announcement date, the total external guarantees of the company and its holding subsidiaries were 145 million yuan, accounting for 8.48% of the latest audited net assets, with no overdue guarantees.