Group 1 - The company held its 18th meeting of the 10th Supervisory Board on August 14, 2025, via electronic communication, with all three supervisors present, complying with relevant laws and regulations [1] - The Supervisory Board approved the proposal to adjust the guarantee methods for the company's and its subsidiaries' 2025 guarantee limits, with a total guarantee limit not exceeding RMB 1.24 billion, including a specific guarantee of RMB 700 million from a wholly-owned subsidiary to another subsidiary [1][2] - The Supervisory Board believes that the guarantee matters are beneficial for the company's daily operations and business development, and the decision-making process complies with legal regulations, ensuring no harm to the company or shareholders' interests [2][3] Group 2 - The company’s subsidiary,居然智能, plans to sign cooperation agreements with automotive brand financial companies to provide joint liability guarantees for non-related customers who purchase vehicles through the company's integrated stores, with a total guarantee amount not exceeding RMB 40 million [2][3] - The Supervisory Board confirmed that the guarantee actions align with the company's operational needs, are manageable in terms of risk, and will not adversely affect the normal operations and business development of the company and its subsidiaries [3][4]