Overview of the Guarantee - Jiangsu Longda Superalloy Co., Ltd. plans to provide an unconditional and irrevocable joint liability guarantee for its wholly-owned subsidiary, Singda Superalloy (Malaysia) Sdn. Bhd., to fulfill its obligations under a sales contract with SUMEC International Technology Co., Ltd. The total guarantee amount will not exceed RMB 120 million [2][4]. Internal Decision-Making Process - The board of directors approved the guarantee proposal during its tenth meeting, authorizing the chairman or authorized personnel to execute the decision and sign relevant legal documents. This guarantee does not require shareholder approval as it falls within the board's decision-making authority [2][4]. Financial Overview of the Guaranteed Entity - Singda Superalloy (Malaysia) Sdn. Bhd. has total assets of approximately RMB 5.27 billion and total liabilities of about RMB 503.45 million. The company reported a net profit of -54.64 million RMB for the year 2024 [3][4]. Necessity and Reasonableness of the Guarantee - The guarantee is deemed necessary to support the operational needs of the subsidiary and improve capital turnover efficiency. The company has a comprehensive understanding of the subsidiary's financial health and creditworthiness, making the risk manageable [3][4]. Board of Directors' Opinion - The board believes that the guarantee aligns with the company's operational development needs and does not harm the interests of the company or its shareholders. The company can effectively control the risks associated with the subsidiary's daily operations [3][4]. Cumulative External Guarantee Status - As of the disclosure date, the company and its subsidiaries have no external guarantees. After this guarantee, the total amount of guarantees to subsidiaries will represent 3.36% of the company's total audited assets and 4.44% of its net assets [4]. Sponsor's Verification Opinion - The sponsor confirms that the guarantee has been approved by the board and supervisory committee, fulfilling necessary approval procedures and complying with relevant regulations, ensuring no harm to the interests of the company and minority shareholders [4].

Summary of Key Points Core Viewpoint - The company has provided guarantees totaling up to 210 million RMB for its subsidiaries, aiming to support their operational needs and enhance financing efficiency [1][5]. Group 1: Guarantee Details - The company issued a guarantee letter to the Kunming Urban Management Bureau on July 29, 2025, providing a total guarantee of up to 210 million RMB, with 110 million RMB for Qianlong Energy and 100 million RMB for OPPLE Zhiguang [1][5]. - The guarantees are structured as joint liability guarantees, which are irrevocable during the performance period, meaning the company will assume joint responsibility for the obligations of its subsidiaries [5]. Group 2: Internal Decision-Making Process - The company held its fourth board meeting on April 25, 2025, and the annual general meeting on May 28, 2025, where it approved a guarantee limit of up to 2.04 billion RMB for the year 2025 for its subsidiaries [2][6]. - The guarantees provided fall within the approved limit and do not require further board or shareholder approval [2][6]. Group 3: Financial Health of Subsidiaries - Both Qianlong Energy and OPPLE Zhiguang are reported to have good operational conditions and debt repayment capabilities, justifying the need for the guarantees [5][6]. - The company maintains control over the management and financial aspects of these subsidiaries, which mitigates the risk associated with the guarantees [5][6]. Group 4: Cumulative Guarantee Information - As of the announcement date, the total amount of guarantees provided by the company and its subsidiaries is 1.163 billion RMB, representing 17.29% of the company's most recent audited net assets, with no overdue guarantees reported [6].

Summary of Key Points Core Viewpoint The announcement details the progress of external guarantees provided by Tianma Technology Group Co., Ltd. to its subsidiaries and downstream clients, highlighting the total guarantee amounts and the internal decision-making processes involved in these guarantees. Group 1: Guarantee Details - The total amount of guarantees provided by the company includes RMB 11,200 million for a wholly-owned subsidiary and RMB 30,900 million for a controlling subsidiary, with actual guarantees amounting to RMB 119,300.24 million and RMB 88,445.40 million respectively [1][2] - The company has provided guarantees totaling RMB 0 million for downstream clients, with an actual guarantee balance of RMB 11,691 million [1] - The cumulative amount of overdue external guarantees is RMB 0 million, and the total external guarantee amount accounts for a significant percentage of the company's latest audited net assets [1][2] Group 2: Internal Decision-Making Process - The company’s board of directors approved the provision of guarantees for subsidiaries and downstream clients during meetings held on April 14, 2025, and April 30, 2025 [6][7] - The expected guarantee amounts include a total of RMB 4.8 billion for various financing activities, with specific allocations based on the subsidiaries' asset-liability ratios [6][7] - The guarantees are set to be valid for 12 months from the date of approval at the annual shareholders' meeting [7][8] Group 3: Specific Guarantee Contracts - Various contracts have been established for providing guarantees to subsidiaries engaged in aquaculture and feed production, with specific amounts detailed for each subsidiary [2][3][4] - The company has also established maximum guarantee amounts for different subsidiaries based on their asset-liability ratios, ensuring that higher-risk subsidiaries receive appropriate oversight [6][7] - The company has outlined the types of guarantees, including performance guarantees and credit guarantees, to support its subsidiaries and clients in securing financing [7][8]

Core Viewpoint - The company has provided guarantees for its wholly-owned subsidiary Zhejiang Dahao and its controlling subsidiary Light Industry Times to secure bank credit facilities, ensuring stable operations and business development [1][2][3]. Group 1: Guarantee Details - The company signed an irrevocable guarantee agreement with China Merchants Bank for Zhejiang Dahao, with a maximum principal guarantee amount of 150 million RMB [1][2]. - The company also signed a similar agreement for Light Industry Times, with a maximum principal guarantee amount of 100 million RMB [2][3]. - As of the announcement date, the company has provided a total guarantee balance of 450 million RMB for Zhejiang Dahao and 100 million RMB for Light Industry Times [3][4]. Group 2: Financial Overview - Zhejiang Dahao's audited financial data as of December 31, 2024, shows total assets of 957.13 million RMB, total liabilities of 669.70 million RMB, and net assets of 287.43 million RMB, with a revenue of 1.45563 billion RMB and a net profit of 89.29 million RMB [4][5]. - Light Industry Times' audited financial data as of December 31, 2024, indicates total assets of 144.60 million RMB, total liabilities of 88.27 million RMB, and net assets of 56.33 million RMB, with a revenue of 119.35 million RMB and a net profit of 29.07 million RMB [5][6]. Group 3: Internal Decision-Making Process - The company held board and shareholder meetings to approve the proposal for bank credit applications and guarantees for subsidiaries, with a total credit limit not exceeding 1.5 billion RMB [2][9]. - The approved guarantee amount is within the limits set by the annual shareholder meeting, and no additional board or shareholder approval is required for the current guarantees [4][9]. Group 4: Risk Management - The company has not reported any overdue guarantees and maintains a total external guarantee amount of 1.5 billion RMB, which is entirely for its subsidiaries [9]. - The company’s total guarantees represent 35.20% of its latest audited net assets, with a remaining unused guarantee limit of 660 million RMB [9].

Summary of Key Points Core Viewpoint - The company has approved a guarantee for its subsidiaries totaling up to RMB 8.765 billion, with specific allocations based on their debt ratios, to support their financial activities and operations [1][2]. Group 1: Guarantee Overview - The company will provide a total guarantee of up to RMB 87.65 billion for certain subsidiaries, with RMB 58.25 billion allocated to subsidiaries with a debt ratio exceeding 70% and RMB 29.4 billion to those below 70% [1]. - The guarantee period is effective from the approval date at the 2024 annual general meeting until the next annual general meeting [1]. Group 2: Guarantee Adjustment - The company has adjusted the guarantee allocation, transferring RMB 5 million from one subsidiary to another while maintaining the total guarantee limit [2][3]. - The adjustment complies with the principles approved by the shareholders' meeting [2]. Group 3: Subsidiary Financials - Wuhan Chaoking Smart Technology Co., Ltd., a subsidiary, has a total asset of RMB 70.74 million and total liabilities of RMB 31.88 million as of March 31, 2025 [6]. - The subsidiary reported a net profit of RMB 4.06 million for the first quarter of 2025, compared to RMB 8.13 million for the entire year of 2024 [6]. Group 4: Company Control and Risk Management - The company holds a controlling interest in Wuhan Chaoking Smart Technology, allowing it to effectively supervise and manage its operations [7]. - The company has a total external guarantee balance of RMB 4.765 billion, which is 207.72% of the latest audited net assets attributable to the parent company [8].

Group 1 - The company, Shenzhen Minglida Precision Technology Co., Ltd., has approved a financing plan to apply for a total credit limit of up to RMB 60 billion, with a guarantee amount not exceeding RMB 60 billion [1] - The company and its subsidiaries have signed a maximum guarantee contract with Zheshang Bank Shenzhen Branch, providing a joint liability guarantee with a maximum limit of RMB 220 million [2] - As of the announcement date, the total external guarantee amount provided by the company and its subsidiaries is RMB 4.168 billion, which accounts for 218.91% of the company's audited net assets for 2024 [1][5] Group 2 - The company's total assets as of March 31, 2025, are approximately RMB 5.95 billion, while the total liabilities are about RMB 2.86 billion [3] - The company reported a net profit of approximately RMB -43.97 million for the first quarter of 2025, compared to a net profit of approximately RMB -469.34 million for the entire year of 2024 [3] - The company has no overdue guarantees or guarantees involved in litigation as of the announcement date [5][6]