Announcement on the cancellation of the Company's endorsement and guarantee for its subsidiary ｜ Sinyi Realty Inc. ｜ Investor Relations

Subject：Announcement on the cancellation of the Company's endorsement and guarantee for its subsidiary

To which item it meets：paragraph 51
Date of events： 2025/02/26

Statement:

1.Date of occurrence of the event:2025/02/26
2.Company name:Sinyi Realty Inc.
3.Relationship to the Company (please enter ”head office” or ”subsidiaries”):head office
4.Reciprocal shareholding ratios:not applicable
5.Cause of occurrence:originally approved by the board of directors on January 18, 2023, the Company provided an endorsement and guarantee of up to USD 1,650 thousand for its wholly-owned subsidiary, Sinyi International Limited, to facilitate its application for a foreign exchange hedging limit with financial institutions. The endorsement and guarantee was duly announced on the same day in accordance with regulations. As Sinyi International Limited currently has no need for the foreign exchange hedging limit, the board of directors has resolved to cancel the endorsement.
6.Countermeasures:make material information announcement and remove the amount of endorsement from the Company's endorsement guarantee registry.
7.Any other matters that need to be specified (the information disclosure also meets the requirements of Article 7, subparagraph 9 of the Securities and Exchange Act Enforcement Rules, which brings forth a significant impact on shareholders rights or the price of the securities on public companies.): none.