*ST Zhuoran announced that Zhuoran Integrated, a holding subsidiary of the company, signed a “Maximum Mortgage Contract” with Rongsheng Holdings to provide maximum collateral for claims formed from its own business with Rongsheng Holdings between January 1, 2022 and December 31, 2032, within the maximum principal balance of 1 billion yuan. As of the date of disclosure of the announcement, the total amount of overdue guarantees provided by the Company and its subsidiaries to subsidiaries was $124 million. After the mortgage guarantee processing was completed, the cumulative book value of the main assets mortgaged and pledged by the company and its subsidiaries within the consolidated statement was 81.81% of the total audited consolidated assets in 2025.

*ST Zhuoran announced that Zhuoran Integrated, a holding subsidiary of the company, signed a “Maximum Mortgage Contract” with Rongsheng Holdings to provide maximum collateral for claims formed from its own business with Rongsheng Holdings between January 1, 2022 and December 31, 2032, within the maximum principal balance of 1 billion yuan. As of the date of disclosure of the announcement, the total amount of overdue guarantees provided by the Company and its subsidiaries to subsidiaries was $124 million. After the mortgage guarantee processing was completed, the cumulative book value of the main assets mortgaged and pledged by the company and its subsidiaries within the consolidated statement was 81.81% of the total audited consolidated assets in 2025.