The company and all members of the board guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.
Overview of External Guarantees and Progress
- Recently, to meet the funding needs for the business development and daily operations of Click Tech Limited (hereinafter referred to as "Hong Kong Click"), a wholly-owned subsidiary of Easy Point World Technology Co., Ltd. (hereinafter referred to as "Easy Point" or "the Company"), the Company signed a "Maximum Guarantee Contract" regarding the financing matters between Hong Kong Click and East Asia Bank (China) Co., Ltd. Xi'an Branch (hereinafter referred to as "East Asia Bank Xi'an Branch"), providing a joint liability guarantee for Hong Kong Click's credit application at East Asia Bank Xi'an Branch, with a guarantee amount of $15 million. The guarantee period is three years from the expiration of the creditor's determination period, but if the maturity of the principal debt exceeds the expiration of the creditor's determination period (settlement date), the guarantee period will be three years from the expiration of the principal debt (including situations where the principal debt matures early or is extended due to default events under the principal creditor contract and/or special agreed events, grace periods for repayment, installment performance, etc., starting from the corresponding early maturity date of the principal debt, the expiration date of the principal debt extension, the expiration date of the grace period for repayment, and three years from the last maturity date of the principal debt).