According to the Zhitong Finance App, Tiantu Investment (01973) announced that on October 19, 2022, the company will issue corporate bonds with an annual coupon interest rate of 5% and a principal amount of RMB 500 million. They are expected to expire on October 19, 2025 (“22 Day 03”, “2022 Corporate Bonds (Phase II)” for short). The 2022 corporate bonds (second instalment) are guaranteed by China Securities Credit Finance Guarantee Co., Ltd., and China Securities Credit Finance Guarantee has obtained counterguarantees from the company, including pledging a number of unlisted company equity securities held by the Group to assume its guarantee liability. As part of the routine credit and mortgage review of China Securities Credit Finance Guarantee, and due to market conditions, China Securities Credit Finance Guarantee discussed with the company on increasing the collateral/counterguarantee provided to the China Securities Credit Finance Guarantee in accordance with Chinese business practices to assume its guarantee liability for the 2022 corporate bonds (second instalment).

On May 28, 2024, Mr. Wang Yonghua, the controlling shareholder of the company, chairman of the board of directors and executive director, signed a share pledge agreement with China Securities Credit Financing to pledge the company's 1.839,000 unlisted shares, accounting for about 0.27% of the total number of shares issued by the company on the date of this announcement. China Securities Credit Financing was used as the beneficiary as collateral for China Securities Credit Financing's guarantee liability for 2022 corporate bonds (second instalment).