Fenglin Group: Providing 40 million yuan joint liability guarantee for its subsidiary.

The Fenglin Group announced that in order to meet the capital needs of its subsidiaries, the company has signed guarantee contracts with the Nanjing branch of the Shanghai Pudong Development Bank. The company will provide joint liability guarantees for its wholly-owned subsidiaries Baise Fenglin, Fenglin Particle Board, and Qinzhou Fenglin in the amounts of 20 million yuan, 10 million yuan, and 10 million yuan respectively, with a guarantee period of three years. As of the disclosure date of the announcement, the company has provided guarantees totaling 151.90 million yuan, 134.90 million yuan, and 10 million yuan for the three subsidiaries respectively. This guarantee does not require any collateral, and no additional approval is needed within the approved limit. The total amount of external guarantees provided by the company and its subsidiaries is 720 million yuan, accounting for 27.55% of the audited net assets for the year 2024, with no overdue guarantees.