Zhejiang Bangjie Holding Group announced that due to external operational pressure and tightening credit policies of financial institutions, some of the company's photovoltaic sector subsidiaries are unable to renew certain credit facilities and are required by financial institutions to repay in advance, leading to significant short-term debt pressure. The company has accumulated overdue or prematurely due borrowings of approximately 0.141 billion yuan from financial institutions as of the announcement date, accounting for 12.90% of the most recent audited net assets of the listed company. The company has urged its subsidiaries to optimize resource allocation, control production capacity reasonably, implement refined management, and gradually reduce costs. At the same time, the company and its subsidiaries are actively communicating with banks, financial institutions, and other relevant parties, planning to gradually resolve the debt overdue problem through debt extension, refinancing, and adjustment of repayment plans. The aforementioned borrowings are guaranteed by the company jointly, exposing the company to the risk of fulfilling the guarantee obligation.