Zhongyan Co., Ltd.: Obtained a commitment from Industrial Bank for a special loan for stock buyback of up to 90 million yuan.

Zhongyan Co., Ltd. announced that the company will repurchase shares through centralized competitive bidding on July 30, 2026, with the repurchase funds not less than 50 million yuan and not exceeding 100 million yuan, with a repurchase period of 3 months. Recently, the company received a "Loan Commitment Letter" issued by the Changchun Branch of Industrial Bank, committing to a loan amount not exceeding 90 million yuan, with a term not exceeding 3 years, for the purpose of repurchasing the company's stock. The specific loan will be subject to the formal contract, and the approved amount does not represent a commitment to the repurchase amount. The company will fulfill its disclosure obligations as required.