Annual Report 2025

NOTESTOTHE CONSOLIDATED FINANCIAL STATEMENTS For the year ended 31 December 2025 120 The United Laboratories International Holdings Limited Annual Report 2025 28. BORROWINGS (Continued) Interest rate 2025 2024 RMB’000 RMB’000 Fixed rate 525,532 16,884 CNY HIBOR plus 0.70% – 270,000 PRC Loan Prime Rate less 0.15% to 1.15% (2024: PRC Loan Prime Rate less 0.15% to 1.15%) 4,453,757 2,851,399 4,979,289 3,138,283 The range of effective interest rates of the floating rate borrowings at 31 December 2025 is 2.05% to 2.70% (2024: 2.15% to 3.30%) per annum. The range of effective interest rates of the fixed rate borrowings at 31 December 2025 is 0.9% to 1.4% (2024: 1.08% to 1.75%) per annum. As at 31 December 2025 and 2024, all borrowings are denominated in RMB.