Taihe Technology announced that the company plans to entrust the Zaozhuang branch of the Bank of China to provide an entrustment loan of 110 million yuan to Shandong Zhonghui City Development Investment Group Co., Ltd. with its own funds. The period is 12 months from the date of actual issuance, with an annual interest rate of 6%, for the purpose of purchasing raw materials such as gravel, steel, and concrete. The loan was reviewed and approved by the 24th meeting of the fourth board of directors of the company, and there is no need to submit it to the shareholders' meeting for review. Caihui Holdings provided joint and several liability guarantees for this loan. Zhonghui City, its subsidiaries, and Caihui Holdings provided collateral guarantees for some real estate and land use rights. After the financial support was provided, the total balance of the company's financial support was 110 million yuan, accounting for 4.41% of the latest audited net assets.

Taihe Technology announced that the company plans to entrust the Zaozhuang branch of the Bank of China to provide an entrustment loan of 110 million yuan to Shandong Zhonghui City Development Investment Group Co., Ltd. with its own funds. The period is 12 months from the date of actual issuance, with an annual interest rate of 6%, for the purpose of purchasing raw materials such as gravel, steel, and concrete. The loan was reviewed and approved by the 24th meeting of the fourth board of directors of the company, and there is no need to submit it to the shareholders' meeting for review. Caihui Holdings provided joint and several liability guarantees for this loan. Zhonghui City, its subsidiaries, and Caihui Holdings provided collateral guarantees for some real estate and land use rights. After the financial support was provided, the total balance of the company's financial support was 110 million yuan, accounting for 4.41% of the latest audited net assets.