Infotmic (SZ:000670) Jin Rong Jie·2025-07-25 11:29Core Viewpoint - The announcement by Yingfang Microelectronics indicates that its subsidiary has entered into related party transactions involving guarantees from affiliated companies to ensure the performance of distribution framework agreements with Huike Technology and Huike (Singapore) Holding Pte. Ltd [1][2] Group 1: Related Party Transactions - Yingfang Microelectronics' subsidiary, Shenzhen Huaxin Technology Co., Ltd., has signed distribution framework agreements with Huike Technology, supported by guarantees from Zhejiang Zhengbang Automotive Mould Co., Ltd. and Shaoxing Shangyu Puzhong Landscape Engineering Co., Ltd. [1] - The guarantees include a maximum principal amount of 22.5 million yuan from Zhengbang Automotive Mould to Huike Technology, and 17.5 million yuan from Puzhong Landscape to Huike Technology, with an additional guarantee of 58.51 million yuan from Zhengbang Automotive Mould to Huike (Singapore) [1] - The total amount of guarantees exceeds 98.51 million yuan [1] Group 2: Board Approval and Implications - The company's board of directors approved the related party transactions during a meeting held on July 25, 2025, with independent directors also consenting to the proposal [2] - The guarantees provided by related parties do not incur any fees and do not require the company or its subsidiaries to provide counter-guarantees [2] - The company has applied for an exemption from submitting the matter for shareholder approval, indicating that the transaction does not constitute a major asset restructuring [2]