SY HOLDINGS (06069) announced that on January 12, 2026, the Company, Tianjin Xiangsheng (an indirect wholly-owned subsidiary of the Company), Xiamen Xiangyu, Xiangyu Financial Holdings, and Xiangsheng Factoring (an associate company of the Company) entered into a revised financing support agreement to support the business development of Xiangsheng Factoring and provide financing support for the supply chain finance business it engages in. According to the revised terms of the prior financing support agreement, all contracting parties agreed that within three calendar years after the signing of the financing support agreement, the Xiangyu Group will provide guarantees for Xiangsheng Factoring's debt financing and extend shareholder loans to Xiangsheng Factoring. Concurrently, the SY HOLDINGS Group, based on its shareholding ratio in Xiangsheng Factoring, will provide counter-guarantees to the Xiangyu Group for Xiangsheng Factoring based on the controlling shareholder's guarantee; and will provide joint liability guarantees to the Xiangyu Group for Xiangsheng Factoring based on the controlling shareholder's loans. The maturity date for the financial assistance has been extended by three years from "January 11, 2026" to "January 11, 2029". The maximum total amount of financial assistance has been changed from "4.3 times Xiangsheng Factoring's net assets" to "3.44 times Xiangsheng Factoring's net assets". As of the date of this announcement, the upper limit for the maximum total amount of financial assistance is approximately RMB 1.91 billion. The Group is a digital-intelligent technology company focused on "AI + industrial supply chains," deeply cultivating national pillar industries such as infrastructure, pharmaceuticals, and bulk commodities, while actively expanding into strategic emerging industries including e-commerce, robotics, and AI applications. The development of associate companies is one of the key initiatives for the Group to implement its platformization strategy, aiming to further expand business scale and enhance returns through resource integration. Leveraging the Xiangyu Group's extensive industrial ecosystem and financial support, combined with the Group's mature platform services and AI technology capabilities, Xiangsheng Factoring can integrate the Group's technological capabilities with state-owned capital credit endorsement. This will further build a bridge for the intelligent matching of assets and funds within the Xiangyu Group's ecosystem, thereby enhancing supply chain efficiency. The Directors believe that providing further financial assistance jointly with the state-owned shareholder will help Xiangsheng Factoring obtain debt financing more efficiently and economically during its business expansion phase. Through the endorsement of the state-owned shareholder, the Group can also gain more support from funding partners at the joint venture level, thereby reducing funding costs and improving asset returns.