GR Life Style Co. Ltd. has announced the entry into a new working capital loan agreement with Dalian Bank on 13 November 2025. Under the terms of the agreement, Dalian Bank will provide a loan of RMB130 million to the borrower for a one-year term commencing 14 November 2025, at an interest rate of 4.0% per annum. To secure the loan, Beijing Wangangtong, an indirect subsidiary of GR Life Style, entered into a mortgage agreement with Dalian Bank. The transaction constitutes a connected transaction under Chapter 14A of the Hong Kong Listing Rules and is subject to reporting and announcement requirements. The loan is intended to support the borrower's daily business operations and working capital needs.