Wuzhou Special Paper announced that the company signed a “Maximum Guarantee Contract” with the Bank of China to provide a joint liability guarantee of not more than 85 million yuan for Wuzhou Special Paper and Wuzhou Special Paper. The actual guarantee balances provided for Wuzhou Special Paper and Wuzhou Special Paper were 1,516 billion yuan and 70 million yuan respectively. As of the disclosure date of the announcement, the total external guarantees of the Company and its holding subsidiaries were $8.777 billion, accounting for 248.57% of the latest audited net assets, with no overdue guarantees. The current guarantee amount and the cumulative guarantee amount for 2025 did not exceed the scope approved by the shareholders' meeting.

Wuzhou Special Paper announced that the company signed a “Maximum Guarantee Contract” with the Bank of China to provide a joint liability guarantee of not more than 85 million yuan for Wuzhou Special Paper and Wuzhou Special Paper. The actual guarantee balances provided for Wuzhou Special Paper and Wuzhou Special Paper were 1,516 billion yuan and 70 million yuan respectively. As of the disclosure date of the announcement, the total external guarantees of the Company and its holding subsidiaries were $8.777 billion, accounting for 248.57% of the latest audited net assets, with no overdue guarantees. The current guarantee amount and the cumulative guarantee amount for 2025 did not exceed the scope approved by the shareholders' meeting.