On June 12th, Gelonhui reported, ST Kop (000851.SZ), as of the date of this announcement, has 6 overdue debts from its subsidiaries. The company provides joint and several liability guarantees for the aforementioned 6 overdue debts, with a total of 108,502,400 yuan, accounting for 3.10% of the audited net assets as of December 31, 2023. Due to the aforementioned external guarantees and overdue debts, the company may face situations such as the need to pay relevant default penalties, late fees and fines, which may increase the company's financial expenses. Overdue debt may also lead to a decrease in the company's financing ability, thereby exacerbating the company's financial risks. Currently, the company is actively communicating with creditors, formulating relevant risk response plans, and actively communicating and promoting the plans with relevant parties, striving to handle the aforementioned overdue guarantee matters as soon as possible.