Huscoke Holdings Limited has entered into a supplemental agreement with Cinda HK to extend the existing Cinda Facility for an additional two years, with repayments to be made in instalments at an interest rate ranging from 5% to 8% per annum. The facility, which was previously unsecured, is now secured by several collaterals: a 90% equity interest in Shanxi Jinyan Energy Jiarun Co., Ltd. pledged by Shanxi Huscoke International Energy Co., Ltd.; a 100% equity interest in Shanxi Huscoke pledged by Huscoke Management Limited; and a judgment receivable against Shanxi Jinyan Energy Technology Company Limited pledged by Herong Resources Limited. An escrow agreement has also been established with Nanyang Commercial Bank, Limited regarding the third asset collateral. Following the signing of these agreements, Cinda HK has agreed to withdraw its winding-up petition from the High Court of Hong Kong.

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