MIGHTY TECHNOLOGY: Provides a joint and several liability guarantee of 50 million yuan to its subsidiary.

Xiong Su Technology announced that the company had previously approved a proposal to apply for a comprehensive credit line and provide guarantees to financial institutions by 2025, and agreed to apply for a limit not exceeding 910 million yuan. Recently, the company signed a "Guarantee and Guarantee Contract" with the Nanjing District Rural Credit Cooperative to provide joint liability guarantees for a 50 million yuan loan for its wholly-owned subsidiary Guangxi Xiong Su. The latest asset-liability ratio of Guangxi Xiong Su is 18.21%. After this guarantee, the company guarantees a balance of 50 million yuan, accounting for 2.50% of the company's latest audited net assets ratio. After the guarantee takes effect, the company's actual external guarantee balance is 103 million yuan, accounting for 5.14% of the latest audited net assets.