Core Viewpoint - The company, Jinglan Technology Co., Ltd., is expanding its financing channels and optimizing its capital structure by providing a guarantee for its wholly-owned subsidiary, Gejiu Xinghua Zinc Industry Co., Ltd., to engage in supply chain financing for the procurement of zinc oxide powder [1][2]. Group 1: External Guarantee Overview - Gejiu Xinghua plans to sign a cooperation agreement with Honghe Rongtai Investment Co., Ltd. for the procurement of zinc oxide powder, with a financing amount not exceeding RMB 20 million and an annualized cost of no more than 10% [1][2]. - The company will provide joint liability guarantees for the main debt, upstream main debt, and downstream main debt under the cooperation agreement [1][3]. Group 2: Board Meeting and Approval - The company's board of directors approved the proposal to provide supply chain financing guarantees with a unanimous vote of 6 in favor, with no opposition or abstentions [2]. - The guarantee does not require submission to the shareholders' meeting for approval, in accordance with relevant regulations [2]. Group 3: Basic Information of the Guaranteed Company - Gejiu Xinghua has total assets of approximately RMB 157.27 million and total liabilities of about RMB 82.98 million, with reported revenue of approximately RMB 18.84 million and a net profit of RMB 63,956.91 for the fiscal year 2024 [2]. Group 4: Main Content of the Cooperation Agreement - The cooperation agreement outlines that Gejiu Xinghua will entrust Honghe Rongtai to advance funds for the procurement of zinc oxide powder, which will be used in production, with payment due after the sale of finished products or upon the expiration of the payment term [3][4]. - The payment terms stipulate that Gejiu Xinghua must pay 70% of the sales proceeds to Honghe Rongtai the day after receiving the sales revenue, and the full payment must be made within 60 days of the raw materials arriving at the factory [3][4]. Group 5: Responsibilities and Obligations - Gejiu Xinghua is responsible for all costs related to transportation, insurance, and quality assurance of the goods procured [4]. - If Gejiu Xinghua fails to sell the produced goods within the stipulated time, it must transport the products to a designated warehouse at its own expense [4]. Group 6: Guarantee Contract Details - The guarantee contract specifies that Jinglan Technology will provide joint liability guarantees for the debts arising from the cooperation agreement, including any penalties or damages incurred due to non-compliance [6][7]. - The guarantee period is set for three years from the expiration of the main debts [7]. Group 7: Board's Opinion - The board believes that the supply chain financing for Gejiu Xinghua is beneficial for its business development and complies with legal regulations and the company's articles of association, ensuring no harm to shareholder interests [10]. Group 8: Current Guarantee Status - As of the announcement date, the total amount of external guarantees provided by Jinglan Technology and its subsidiaries is within acceptable limits, with no overdue debts reported [10].

Core Viewpoint - The company, Zhejiang Fulai New Materials Co., Ltd., is providing guarantees for clients to promote business development and strengthen long-term cooperation, with a total guarantee amount not exceeding RMB 54.8 million [2][12]. Summary by Sections 1. Guarantee Overview - The company has signed a maximum guarantee contract with China Construction Bank for supply chain financing, with a limit of RMB 50 million, and a guarantee agreement with Zheshang Bank for a limit of RMB 4.8 million [4][9]. 2. Internal Decision-Making Process - The company’s board and supervisory committee approved the guarantee proposal in meetings held on March 27, April 23, and at the annual shareholders' meeting, authorizing the chairman to sign relevant legal documents [5]. 3. Client Information - The clients receiving guarantees have good credit ratings, meet financing conditions, and have no affiliation with the company, with a debt-to-asset ratio not exceeding 70% [6]. 4. Guarantee Agreement Details - The guarantee includes a joint liability guarantee for loans and associated costs, with a guarantee period extending three years after the loan repayment deadline [7][8]. 5. Necessity and Reasonableness of Guarantees - The guarantees are deemed necessary for business growth and do not harm the interests of the company or its shareholders, with measures in place to mitigate risks [12][13]. 6. Cumulative Guarantee Amounts - As of April 28, 2025, the company has provided a total guarantee balance of RMB 873.39 million, with guarantees to clients amounting to RMB 17.91 million, representing 1.26% of the latest audited net assets [14]. 7. Year-to-Date Guarantee Situation - The company has added RMB 74.8 million in guarantees this year, accounting for 5.25% of the latest audited net assets [15].