Jiu Rong says RMB 133.85 million collateral falls short of RMB 188 million remaining loan principal in litigation settlement update

• Jiu Rong Holdings issued a supplemental clarification on its litigation execution settlement, detailing remaining collateral under court enforcement procedures.
• Remaining collateral carried at RMB 133.85 million as of June 30, 2025, versus about RMB 188 million of remaining loan principal post-settlement.
• The settlement includes an assignment of creditor’s rights to settle about RMB 42 million of loan principal.
• Negotiations continue with Westlake Electronics on enforcing the remaining collateral and handling any shortfall between proceeds and outstanding principal.
• The board assessed no material adverse impact on financial position or day-to-day operations, citing normal business operations.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jiu Rong Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260803-12268086), on August 03, 2026, and is solely responsible for the information contained therein.