Core Viewpoint - Sichuan Haowu Electromechanical Co., Ltd. held its 10th fourth board meeting on May 27, 2025, where several key resolutions were passed, including the reappointment of an auditing firm and the provision of guarantees for subsidiaries' financing needs [1][4][31]. Group 1: Audit Firm Reappointment - The company proposed to reappoint Tianjian Certified Public Accountants (Special General Partnership) as the accounting and internal control auditing firm for the year 2025, with an annual audit fee of 1.68 million RMB, including 1.28 million RMB for annual report auditing and 400,000 RMB for internal control auditing [1][15][24]. - The board unanimously approved the proposal with 9 votes in favor, 0 against, and 0 abstentions [2][26]. Group 2: Guarantees for Subsidiaries - The company plans to provide joint liability guarantees for its wholly-owned subsidiaries, Neijiang Jinhong Crankshaft Co., Ltd. and Neijiang Pengxiang Investment Co., Ltd., to support their financing needs of 80 million RMB and 25 million RMB, respectively [5][31]. - The board also approved a guarantee of 30 million RMB for Tianjin Anweide Technology Co., Ltd., which is a subsidiary of Neijiang Pengxiang, to facilitate its financing of 20 million RMB [7][43]. - The board deemed that these financing activities would not harm the interests of the company and its shareholders, and the associated risks are controllable [36][46]. Group 3: Shareholder Meeting - The company scheduled its 2024 annual shareholder meeting for June 18, 2025, at its Chengdu branch, with the meeting's legality and compliance confirmed [11][48]. - The meeting will allow shareholders to vote on various proposals, including the reappointment of the auditing firm and the guarantees for subsidiaries [49][55].