Progress Announcement on Providing Guarantees for Bank Credit Applications by Wholly-Owned Subsidiary

✨ AI Summary

This announcement details the progress of a wholly-owned subsidiary applying for bank credit guarantees. The company intends to secure a credit line of RMB 30 million. The board approved the application on March 30, 2026, and the guarantee will be provided by the parent company. The total amount of guarantees currently stands at RMB 27.8 million.

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