Summary of Key Points Core Viewpoint The company, Yingstone Innovation Technology Co., Ltd., plans to increase its comprehensive credit limit for 2025 by applying for an additional credit amount of up to 2 billion RMB, bringing the total credit limit to 4.5 billion RMB. The company will also provide guarantees for its subsidiaries, with a total guarantee amount not exceeding 1.3 billion RMB, to support their operational needs and business growth. Group 1: Credit and Guarantee Details - The company intends to apply for a total comprehensive credit limit of up to 2 billion RMB, in addition to the previously approved limit of 2.5 billion RMB, resulting in a total credit limit of 4.5 billion RMB [1][4][12] - The new credit limit will cover various types of financing, including working capital loans, commercial bills, project loans, bank guarantees, factoring, and letters of credit [4][5] - The company plans to provide guarantees for its subsidiaries, with a total guarantee amount not exceeding 1.3 billion RMB, specifically for Istone Innovation Limited, Insta360 Japan, INSTA360 GMBH, ARASHI VISION (U.S.) LLC, Shenzhen Qianhai Yingstone Innovation Technology Co., Ltd., Yingstone Innovation Technology (Zhuhai) Co., Ltd., and Shenzhen Yingstone Electronics Co., Ltd. [5][10][11] Group 2: Subsidiary Information - The subsidiaries receiving guarantees are all wholly owned by the company, ensuring that the company maintains control over them [11][12] - The financial health of the subsidiaries is generally stable, with no significant issues affecting their debt repayment capabilities [8][9][10] - The company has no overdue guarantees or guarantees involved in litigation, ensuring a low-risk profile for the proposed guarantees [13]
影石创新: 关于增加2025年度向银行等金融机构申请综合授信额度及公司为子公司提供担保额度预计的公告