Guangnong Sugar Industry: Providing a guarantee of 1.299 billion yuan in loans for its subsidiary.

Guangnong Sugar Industry announced that the company is expected to provide a guarantee amount of not more than 3.533 billion yuan to its holding subsidiaries in the year 2025. Recently, the company signed guarantee contracts with three banks including Everbright Bank Nanning Branch to bear joint and several liability guarantees for loans of 50 million yuan, 49.9 million yuan, and 30 million yuan respectively applied by its wholly-owned subsidiaries Mingyang Company, Lingli Company, and Daqiao Company, with a guarantee period of 3 years. As of the disclosure date of the announcement, the company has approved a total guarantee amount of 4.033 billion yuan, accounting for 3244.60% of the audited net assets attributable to the parent company in 2024; the actual guarantee amount incurred is 2.255 billion yuan, accounting for 1814.09% of the net assets audited in the latest period, with no overdue guarantee situations.