Zhejiang Longsheng: provided nearly 1 billion RMB in guarantees for its subsidiaries, with a total guarantee amount of 8.352 billion RMB.

Zhejiang Longsheng announced that in order to ensure the business development of its wholly-owned subsidiary Huasheng and its holding subsidiary DSDA in Singapore, it recently provided joint liability guarantees to China Merchants Bank Hangzhou Branch, Minsheng Bank Hangzhou Branch, and Hangzhou Bank Shanghai Branch for their application for comprehensive credit facilities. The guarantee amounts were respectively 4 billion yuan, 50 million US dollars, and 2.2 billion yuan, with no counter-guarantee. As of December 23, 2025, the company's total external guarantees amounted to 8.352 billion yuan, accounting for 24.36% of the audited net assets at the end of 2024, with no overdue guarantees.