Announcement on the Overdue Debts of Subsidiary and Progress of Guarantees

Important Notice: Recently, Shenzhen Yingfit Technology Co., Ltd. (hereinafter referred to as "Yingfit" or "the Company") has experienced overdue debts at its wholly-owned subsidiary, Yingfit Renyong Information Co., Ltd. (hereinafter referred to as "Yingfit Renyong"). The newly overdue principal of bank loans at Yingfit Renyong totals 13,370,000.00 yuan, accounting for 11.86% of the company's audited net assets for 2025. As of the date of this announcement, the total overdue debts (including early maturity) of the company and its subsidiaries amount to 500,000,615.92 yuan, which is 443.54% of the company's audited net assets for 2025; the overdue interest is 7,260,046.46 yuan, accounting for 2.50% of the company's audited net profit attributable to shareholders of the listed company. The total overdue principal and unpaid interest amount to 507,260,662.38 yuan. Investors are advised to exercise caution and be aware of investment risks.