Langzi Co., Ltd. provided a guarantee for a loan of 70 million yuan to its subsidiary and accepted guarantees from related parties.

Langzi Co., Ltd. announced that, in order to meet the funding needs for business development, its wholly-owned subsidiary Beijing Yiguan has applied for a loan of 70 million yuan from Shanghai Pudong Development Bank. Langzi Co., Ltd. provides the highest joint guarantee for this loan, and Beijing Yiguan pledges 70% equity of Hunan Yamei. The company's controlling shareholder, Shen Dongri, and his spouse Weng Jie, provide joint guarantees for free. The total amount of external guarantees for the company and its subsidiaries in 2025 will not exceed 3.05 billion yuan. As of the disclosure date of the announcement, the total amount of external guarantees for the company and its subsidiaries is 1.06216 billion yuan, accounting for 38.11% of the audited net assets in 2024. This guarantee will not have a negative impact on the company and its subsidiaries' operations within the approved limit, and will not harm the interests of shareholders.