Tongfang Co., Ltd.

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Stock code: 600100 Stock abbreviation: Tongfang Co., Ltd. Announcement No.: Lin 2026-005

Bond code: 253674 Bond abbreviation: 24 Tongfang K1

Bond code: 256001 Bond abbreviation: 24 Tongfang K2

Bond code: 256597 Bond abbreviation: 24 Tongfang K3

Tongfang Co., Ltd.

Progress Announcement on Mutual Provision of Guarantees Between the Company and Its Subsidiaries in 2025

The board of directors of the Company and all directors hereby guarantee that there are no false records, misleading statements, or material omissions in the contents of this announcement, and assume legal responsibility for the authenticity, accuracy, and completeness of the contents.

Key Points in This Announcement:

● Guaranteed party and basic information

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● Cumulative guarantee information

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I. Overview of the Guarantee

(I) Basic information of the guarantee

To support the production and business operations and business development of the Company’s wholly owned and controlling subsidiaries, from the latest disclosure date to February 28, 2026, within the approved scope above, the Company provides the following financing guarantee(s) between its wholly owned/controlling subsidiaries and (also) between wholly owned/controlling subsidiaries (Unit: RMB ten thousand):

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(II) Internal decision-making procedures

To ensure the smooth conduct of the various business operations of the Company and its subsidiaries, in 2025 the Company and its wholly owned and controlling subsidiaries will continue to mutually provide guarantees. The scope of companies providing mutual guarantees includes the wholly owned and controlling subsidiaries within the current scope of the Company’s consolidated financial statements. After deliberation and approval at the 17th meeting of the Ninth Session of the Board of Directors and the Company’s 2024 annual general meeting of shareholders, the Company is authorized to have the chairman of the board of directors or the president carry out specific guarantee matters in accordance with the approved guarantee plan, including providing guarantees for existing and newly added debt financing of controlling subsidiaries and their controlling subsidiaries, selecting the financing institutions under the Company’s guarantee and setting the financing terms, and signing the required documents. The authorization period runs from the date on which the 2024 annual general meeting of shareholders approves the relevant guarantee proposals to the date on which the next year’s annual general meeting of shareholders approves the relevant guarantee proposals.

For specific details, please refer to the Company’s announcement published on April 29, 2025 in the designated information disclosure media, 《Tongfang Co., Ltd. Announcement on Mutual Provision of Guarantees Between the Company and Its Subsidiaries in 2025》 (Announcement No.: Lin 2025-017), and the announcement published on May 24, 2025 in the designated information disclosure media, 《Tongfang Co., Ltd. Announcement of Resolutions of the 2024 Annual General Meeting of Shareholders》 (Announcement No.: Lin 2025-022).

II. Basic Information of the Guaranteed Parties

(I) Basic information

1. Tongfang Industrial Co., Ltd.

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(II) Other explanations: The above guaranteed companies are not persons subject to dishonest performance judgments. There are no material contingent matters (including guarantee, mortgage, litigation and arbitration matters) that would affect the guaranteed parties’ ability to repay their debts. The financial data of the above guaranteed parties are based on stand-alone financial statement reporting, not consolidated reporting.

III. Necessity and Reasonableness of the Guarantees

This guarantee is to meet the production and business needs of the Company and its subsidiaries, which is conducive to improving financing efficiency, reducing financing costs, and supporting the business development of the Company and its subsidiaries; it is consistent with the Company’s overall development strategy and favorable for the Company’s overall interests; the guarantee amounts are consistent with the actual operating needs of the Company and its subsidiaries. The Company has control over the management and finance of the guaranteed parties (including the Company’s wholly owned/controlling subsidiaries, and the wholly owned/controlling subsidiaries of the subsidiaries), and is able to promptly understand their day-to-day operating activities, creditworthiness situation, cash flow direction, and financial changes, etc. The guarantee risks are controllable; this guarantee does not involve any situation that would harm the interests of the Company and its minority shareholders.

IV. Opinions of the Board of Directors

The 17th meeting of the Ninth Session of the Board of Directors and the Company’s 2024 annual general meeting of shareholders deliberated and approved the 《Proposal on Mutual Provision of Guarantees Between the Company and Its Subsidiaries in 2025》. It is agreed that in 2025, within the approved approval额度, the Company and its subsidiaries will mutually provide guarantees to each other. The Company authorizes the chairman of the board of directors or the president to handle specific guarantee matters within the guarantee额度 based on the Company’s actual needs (including providing guarantees for existing and newly added debt financing for controlling subsidiaries and their controlling subsidiaries, selecting the financing institutions under the Company’s guarantee and setting the financing terms, etc.), and to sign the required documents. The validity period of the guarantee额度 in this case is from the date on which the 2024 annual general meeting of shareholders approves the proposal to the date on which the next year’s annual general meeting of shareholders approves the relevant guarantee proposal.

V. Cumulative Number of External Guarantees and Number of Overdue Guarantees

As of February 28, 2026, the outstanding balance of external guarantees provided by the Company and its controlling subsidiaries (all of which are financing guarantees provided by the Company for wholly owned/controlling subsidiaries and between wholly owned/controlling subsidiaries) is RMB 53.9932 million, accounting for 0.32% of the net assets attributable to shareholders of the listed company in the most recent audited financial statements of the listed company. There are no overdue guarantees. The Company does not provide guarantees to controlling shareholders, actual controllers, or their related parties.

Announcement is hereby given.

Board of Directors of Tongfang Co., Ltd.

April 4, 2026

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