Announcement on the Overdue Debts of the Company and Its Subsidiaries and Progress on Guarantees

Important Notice: Recently, Shenzhen Yingfit Technology Co., Ltd. (hereinafter referred to as "Yingfit" or "the Company") and its wholly-owned subsidiaries, Shenzhen Yingfit Renyong Information Co., Ltd. (hereinafter referred to as "Yingfit Renyong"), Shenzhen Yingfit Intelligent Technology Co., Ltd. (hereinafter referred to as "Yingfit Intelligent"), and Shenzhen Yingfit Zhiyuan Technology Co., Ltd. (hereinafter referred to as "Yingfit Zhiyuan") have experienced overdue debts. The newly overdue principal of bank loans for the Company and its subsidiaries totals 145,000,000.00 yuan, accounting for 82.67% of the Company's audited net assets for 2024. As of the date of this announcement, the cumulative overdue debt (including early maturity) amounts to 465,615,278.12 yuan, which is 265.45% of the Company's audited net assets for 2024; the overdue interest is 1,911,422.23 yuan, accounting for 0.47% of the absolute value of the net profit attributable to shareholders of the listed company for 2024. The total overdue principal and overdue interest amounts to 467,526,700.35 yuan. Investors are advised to exercise caution and be aware of investment risks.