[Airmate-KY] Announcement by Subsidiary Airmate Electric (Shenzhen) Co., Ltd. Pursuant to Article 25, Paragraph 1, Clause 3 of the 'Regulations on Loans and Guarantees by Publicly Listed Companies'

1. Event Date: 115/08/19

2. Details of the Guaranteed Party: (1) Company Name: Airmate Electric (Jiujiang) Co., Ltd. (2) Relationship with Guarantee Provider: Both are 100% indirectly invested by the same parent company. (3) Guarantee Limit (in thousand yuan): 9,564,184 (4) Previous Guarantee Balance (in thousand yuan): 3,340,929 (5) Newly Added Guarantee Amount This Time (in thousand yuan): 71,398 (6) Guarantee Balance as of Event Date (in thousand yuan): 3,412,327 (7) Actual Amount Drawn by Guaranteed Company (in thousand yuan): 2,201,517 (8) Reason for New Guarantee Addition: Renewal of bank guarantee quota

3. Collateral Provided by the Guaranteed Company: (1) Description: None (2) Value (in thousand yuan): 0

4. Latest Financial Statement of the Guaranteed Company: (1) Capital (in thousand yuan): 2,318,680 (2) Accumulated Profit/Loss (in thousand yuan): 101,938

5. Conditions for Release of Guarantee Liability: (1) Condition: Expiration of credit agreement (2) Date: Expiration of credit agreement

6. Total Guarantee Limit (in thousand yuan): 51,670,130

7. Total Guarantee Balance as of Event Date (in thousand yuan): 8,740,339

8. Ratio of Guarantee Balance Provided by A to Net Equity in the Latest Financial Statements of the Publicly Listed Company as of Event Date: 322.81

9. Combined Ratio of Guarantee Balance, Long-Term Investment, and Loan Balance to Net Equity in the Latest Financial Statements of the Publicly Listed Company as of Event Date: 211.66

10. Other Matters to be Disclosed: None