002283SZSE

Progress Announcement on Providing Entrusted Loans to External Parties

✨ AI Summary

Tianrun Industrial Technology Co., Ltd. has approved a total entrusted loan of up to RMB 100 million to Weihai Wending Urban Asset Management Co., Ltd. The first loan of RMB 51 million has been issued, with a maturity date of December 25, 2026, and an interest rate of 5.20%. The company has also signed a guarantee contract with Hongtai Investment Holding Group Co., Ltd. No overdue financial assistance has been reported as of the announcement date.

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Full Translation

AI Translation· azure_openai

Announcement on Progress of Providing Entrusted Loans to External Parties

Tianrun Industrial Technology Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without any false records, misleading statements, or significant omissions.

I. Overview of Entrusted Loan Matters

On May 27, 2026, the Company held the fifth meeting of the seventh Board of Directors, where it approved the proposal on providing entrusted loans. The Company agreed to use temporarily idle self-owned funds to entrust a bank to provide Weihai Wending Urban Asset Management Co., Ltd. (hereinafter referred to as "Wending Urban Assets") with a cumulative amount not exceeding RMB 100 million (inclusive) in entrusted loans, with contracts signed and funds disbursed on a per-loan basis. Weihai Hongtai Investment Holding Group Co., Ltd. (hereinafter referred to as "Hongtai Investment") provides joint liability guarantee for this entrusted loan. The first entrusted loan amount is RMB 51 million, with a maturity date of December 25, 2026, for the purpose of purchasing construction materials, at an annual interest rate of 5.20%, with interest paid monthly and principal repaid at maturity. On May 27, 2026, the Company signed the "Entrusted Loan Borrowing Contract" with Wending Urban Assets and Rizhao Bank Co., Ltd. Weihai Wending Branch, and signed the "Guarantee Contract" with Wending Urban Assets and Hongtai Investment. For specific details, please refer to the Company's announcement on May 28, 2026, published in the Securities Times, China Securities Journal, Shanghai Securities Journal, Securities Daily, and on the Giant Tide Information Network (www.cninfo.com.cn) (Announcement No.: 2026-027).

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