Yanpai Group: Intends to provide a guarantee of up to 100 million yuan for its holding subsidiary.

Yanpai Co., Ltd. announced that it held a board meeting on January 19, 2026, to approve the proposal to provide a guarantee of up to 100 million yuan for the comprehensive credit line of its holding subsidiary Yanci New Materials. This matter still needs to be approved by the shareholders' meeting. The guarantee term will be 12 months from the date of approval by the shareholders' meeting, and the previous guarantee amount will automatically expire after it takes effect. Yanci New Materials has an asset-liability ratio of 43.91% with the company holding a 60.30% stake. After this guarantee, the total amount of external guarantees provided by the company will reach 820 million yuan, accounting for 80.16% of the audited net assets for the year 2024, all of which are guarantees within the scope of the consolidated financial statements. Other shareholders of Yanci New Materials will provide counter-guarantees according to their respective contribution ratios.