Core Viewpoint - The company has provided a guarantee for its wholly-owned subsidiary, Zhongji Equipment, to secure a credit line of RMB 20 million from China Merchants Bank for operational needs [1][3][7]. Group 1: Guarantee Details - The guarantee amount is set at a maximum of RMB 20 million, with a one-year credit term [1][5]. - The guarantee is structured as a joint liability guarantee, covering various financial services including loans, trade financing, and bank acceptance bills [5][6]. - The company will not charge any guarantee fees to the subsidiary and does not require counter-guarantees, indicating manageable risk [1][7]. Group 2: Internal Decision Process - The board of directors and the supervisory board approved the guarantee proposal on April 17, 2025, without needing shareholder approval [2][8]. Group 3: Progress of Guarantee - On September 23, 2025, the subsidiary signed a credit agreement with China Merchants Bank, and the company executed an irrevocable guarantee [3][9]. - The guarantee is within the previously approved limits and does not require further board approval [3][9]. Group 4: Financial Context - As of the announcement date, the total external guarantees provided by the company and its subsidiaries amount to RMB 260 million, which includes this guarantee, representing 10.05% of the company's audited net assets for 2024 [9].

Core Viewpoint - Zhongji United (Beijing) Technology Co., Ltd. has provided a guarantee for its wholly-owned subsidiary, Zhongji United (Beijing) Equipment Manufacturing Co., Ltd., to support its business operations through a credit facility from China Merchants Bank [1] Group 1 - Zhongji Equipment has applied for a comprehensive credit facility of 20 million yuan from China Merchants Bank, with a term of one year [1] - The company has signed a "Maximum Unrevocable Guarantee Letter" and provided joint liability guarantees [1] - As of the announcement date, the actual guarantee balance provided by the company is 9.3055 million yuan, with total external guarantees amounting to 26 million yuan, which accounts for 10.05% of the audited net assets for the fiscal year 2024 [1] Group 2 - There are no overdue guarantees reported, indicating a stable financial position [1] - The guarantee is intended for various business operations, and the associated risks are considered controllable, which is beneficial for the subsidiary's operational development [1]