Ningbo Kangqiang Electronics Co., Ltd. (hereinafter referred to as "the Company") guarantees that the content of this information disclosure is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
1. Overview of Mortgage Financing
To ensure the smooth implementation of the new production line project with an annual capacity of 15 billion high-density, high-reliability integrated circuit lead frames, the Company agrees to mortgage its own land and property (Real Estate Certificate No.: Zhe (2025) Ningbo Yinzhou Real Estate No. 0286744) to the Ningbo Branch of the National Development Bank and other banks for financing, with a financing amount not exceeding 480 million yuan.