In September 26th, the Auria Solutions Ltd., the controlling shareholder of Shenda securities (Stock Code: 600626), signed a loan agreement with the London branch of Industrial Commercial Bank of China Ltd for an amount of US $50 million. In September 25, 2019, the company applied to the Industrial Commercial Bank of China Ltd Shanghai branch to open a secured letter of credit with a amount of $52 million 200 thousand, which provided a guarantee of $52 million 200 thousand for the loan principal and the corresponding interest for the above loan of Auria company.

In September 23, 2019, Auria signed a loan agreement with the ICBC London branch with a loan amount of 50 million dollars and a loan term of one year. In September 25, 2019, the company applied to the Shanghai branch of ICBC to issue a guaranteed letter of credit amounting to US $52 million 200 thousand, providing the loan principal and corresponding interest of the Auria company's total loans up to 52 million 200 thousand US dollars for thirteen months.

As of the announcement date, the total external guarantee of the company (excluding guarantees for holding and wholly owned subsidiaries) was 0 yuan, the guarantee balance for the wholly-owned subsidiary was 627 million 20 thousand and 900 yuan, and the guarantee balance for the controlling subsidiary was 2 billion 361 million 759 thousand and 400 yuan (the foreign currency amount was converted to RMB by the central parity rate announced by the people's Bank of China in September 26, 2019). The above guarantee balance accounts for 90.81% of the audited net assets of the company at the end of 2018. The above guarantee is not overdue.