Champions City Complex Development PFI Receives 110 Billion Won Guarantee from Related Company Sin Young

Champions City Complex Development PFI announced on the 24th that it received a 110 billion won stock guarantee from its subsidiary Sin Young. This guarantee relates to the loan agreement for the first phase of the Guangzhou Champions City integrated development project, with the Housing and Urban Development Guarantee Corporation serving as the creditor. The guarantee was received on July 21, 2026, covering all 467,628 shares of Champions City Complex Development PFI issued by Sin Young. The guarantee period runs from July 23, 2026, to March 23, 2031, with the condition of setting a stock pledge. The guarantee limit and amount are both 110 billion won, with the total outstanding balance from the counterparty at 1.1002 trillion won. The board of directors approved the transaction on July 16, 2026, with the auditor attending the meeting. Sin Young and other shareholders jointly signed the guarantee agreement, and Sin Young also provided full guarantee for the loan and housing project financial guarantee-related claims, up to 100% of the loan amount. The guarantee limit is calculated at 100% of the guarantee amount, and the start date of the guarantee period is the initial draw date of the loan, with the end date being the expected repayment date as per the loan agreement, which may be adjusted later.