Linglong Tire announced that due to the business needs of its wholly-owned subsidiaries Serbia and Linglong Thailand, the company provided a joint guarantee liability guarantee for the 500 million yuan credit line it applied for from the Shandong branch of the China Development Bank, and did not provide a counterguarantee. As of the announcement date, the company's total external guarantees amounted to RMB 13.27 billion, accounting for 61.21% of the most recent audited net assets, of which the actual balance of guarantees provided was RMB 3.429 billion, accounting for 15.82%. The company and its wholly-owned subsidiaries have no overdue guarantees. This guarantee is within the scope of the amount reviewed and approved, and the risk is manageable.

Linglong Tire announced that due to the business needs of its wholly-owned subsidiaries Serbia and Linglong Thailand, the company provided a joint guarantee liability guarantee for the 500 million yuan credit line it applied for from the Shandong branch of the China Development Bank, and did not provide a counterguarantee. As of the announcement date, the company's total external guarantees amounted to RMB 13.27 billion, accounting for 61.21% of the most recent audited net assets, of which the actual balance of guarantees provided was RMB 3.429 billion, accounting for 15.82%. The company and its wholly-owned subsidiaries have no overdue guarantees. This guarantee is within the scope of the amount reviewed and approved, and the risk is manageable.