Announcement on Overdue Loans Provided to Subsidiaries

Konka Group Co., Ltd.·July 24, 2026·3 pages

✨ AI Summary

Konka Group announces overdue loans to its subsidiaries due to their operational difficulties. The total principal overdue is RMB 442.48 million, with expected difficulties in full recovery. The company has formed a task force for debt recovery and is implementing internal rectifications to strengthen loan management. The impact on the consolidated financial statements is expected to be minimal.

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Konka Group Co., Ltd.

Announcement on Overdue Loans Provided to Subsidiaries

The company and all members of its board of directors guarantee the information disclosed is true, accurate, and complete, and that there are no false representations, misleading statements, or material omissions.

I. Details of Overdue Loans to Subsidiaries

To support the business development of its subsidiaries, Konka Group Co., Ltd. (hereinafter referred to as the "Company" or "Konka Group") and its subsidiaries have provided loans to some of its subsidiaries. As of the date of this announcement, some subsidiaries have experienced overdue loans due to operational difficulties, tight cash flow, etc., and full recovery is not expected. Currently, the principal of overdue internal loans provided to subsidiaries that are not expected to be fully recovered totals RMB 442,483.34 million, plus corresponding interest (converted from USD to RMB based on the exchange rate at the end of June 2026). The specific details are as follows:

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