Group 1 - The company, Dongguan Kaige Precision Machinery Co., Ltd., has approved a proposal to apply for comprehensive credit from Dongguan Bank by mortgaging its own assets [1][2] - The mortgaged assets include a staff dormitory and a factory located at No. 2 Shalang Road, Dongcheng Street, Dongguan City, Guangdong Province [1] - The final credit limit and terms will be determined by the bank's approval, and the company will decide the specific amount used based on its operational needs [1] Group 2 - The asset mortgage is aimed at meeting the company's funding needs for daily operations and is expected to support long-term sustainable development [2] - The financial risk associated with this asset mortgage is considered manageable and will not adversely affect the company's normal operations or business development [2] - There are no concerns regarding the interests of shareholders, particularly minority shareholders, being harmed by this decision [2]
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