Introduction of Guarantees
Shenzhen City Jiali Precision Technology Co., Ltd. (hereinafter referred to as "the Company") on April 26, 2024, held the third extraordinary general meeting of shareholders. At the annual general meeting on May 19, 2026, the Company approved the proposal regarding the external guarantees provided by the Company and its subsidiaries. The Company and its subsidiaries will provide guarantees for bank loans and other financial arrangements not exceeding RMB 70 million. The guarantees cover various types of financing, including loans, credit limits, and other financial services. The Company and its subsidiaries will provide guarantees for each other, which include but are not limited to 100.00%. The above-mentioned guarantees will be reported to the 2025 annual general meeting for approval.