Hubei Provincial Financing Guarantee Group Co., Ltd.

Hubei Provincial Guarantee Group Co., Ltd. (hereinafter referred to as "Provincial Guarantee Group") was established in February 2005 with a registered capital of RMB 3 billion. It is currently a subsidiary of Hubei United Investment Holding Co., Ltd. (hereinafter referred to as "United Investment Holding"). The predecessor of Provincial Guarantee Group was Hubei Zhongqi Investment Guarantee Co., Ltd. (hereinafter referred to as "Zhongqi Guarantee"), the first state-owned provincial-level professional guarantee platform established under the direct care of the Hubei Provincial Party Committee and Provincial Government. In accordance with the business development direction of "one main line, two cores, three major extensions," Hubei Provincial Guarantee Group will focus on the construction of the province's credit guarantee system, with guarantee and re-guarantee business as the main line. By integrating existing resources and pooling professional strengths, it will provide guarantee, financing, equity investment, and intermediary services for small and medium-sized enterprises across the province, provide strong support for the province's regional economic development, and strive to build itself into a first-class comprehensive financial services group that is "rooted in Hubei and oriented toward the whole country."