The company and all members of the board guarantee that the content of this announcement is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
Overview of Financial Assistance
On February 24, 2026, Jinpu Titanium Industry Co., Ltd. (hereinafter referred to as "Jinpu Titanium" or "the Company") held the sixth meeting of the ninth board of directors, where it approved the proposal for the Company to provide financial assistance to its subsidiary joint venture, Nanjing Jinpu Yingsa Synthetic Rubber Co., Ltd. (hereinafter referred to as "Jinpu Yingsa"). The Company agreed to provide financial assistance not exceeding RMB 59.92 million for a period of one year at an annual interest rate of 7%. The financial assistance is primarily intended to meet the working capital needs for Jinpu Yingsa's daily production and operations. This financial assistance is a continuation of the original shareholders' obligation to provide financial support to Jinpu Yingsa, inherited during the asset swap in 2023, and does not increase Jinpu Titanium's cash outflow. The financial assistance amount at the time of the swap was RMB 79.25 million, which has currently been reduced by RMB 19.33 million, leaving a remaining amount of RMB 59.92 million. The Company will continue to reduce this financial assistance without affecting Jinpu Yingsa's normal business operations and fund usage. For further details, please refer to the announcement published by the Company on February 25, 2026, in the Securities Times, China Securities Journal, and the Giant Tide Information Network (www.cninfo.com.cn) (Announcement No.: 2026-010).
Progress of Financial Assistance
Due to the expiration of the RMB 40 million financial assistance provided to Jinpu Yingsa in 2025, the Company continues to provide financial assistance of RMB 40 million to ensure its normal operational funding needs, with a term of one year at an annual interest rate of 7%, and has signed a loan agreement with Jinpu Yingsa. After this financial assistance of RMB 40 million, the remaining financial assistance amount from Jinpu Titanium to Jinpu Yingsa is RMB 19.92 million.