Pu’er Lancang Ancient Tea Co., Ltd. (Lancang Tea) announced that its wholly owned subsidiary, Guangzhou Kangrui Lancang Ancient Tea Co., Ltd., has signed a supplemental agreement with Bank of China Limited Guangzhou Liwan Branch on 18 September 2026 to extend an existing working-capital facility.

The revised arrangement lengthens the loan tenor by 12 months, setting a new maturity date of 19 September 2027, while maintaining the original facility size at RMB 24.90 million. Lancang Tea will continue to provide guarantees under previously executed maximum-amount mortgage and guarantee contracts, meaning the extension does not increase the Group’s external guarantee quota.

The lender, Bank of China’s Guangzhou Liwan Branch, and its ultimate beneficial owners are deemed independent third parties to Lancang Tea. The Board, including all independent non-executive directors, views the supplemental contract as fair, reasonable and aligned with shareholder interests after arm’s-length negotiations.