Group 1 - The core point of the announcement is that the company’s board of directors has approved a proposal to provide a guarantee for its subsidiaries' financing activities, with a total guarantee amount not exceeding RMB 1.83 billion for the year 2026 [3][11][25] - The board meeting was held on February 3, 2026, with all 9 directors present, confirming the legality and validity of the meeting [2][4] - The proposal for the guarantee will be submitted for approval at the company's first extraordinary general meeting of shareholders scheduled for March 3, 2026 [5][6] Group 2 - The proposed guarantee amount includes a limit of RMB 1.05 billion for subsidiaries with an asset-liability ratio exceeding 70% [11][13] - The guarantee is intended to support the daily operations and business development of subsidiaries, optimizing financing structure and reducing costs [24][25] - The guarantee will be valid for a maximum of 12 months from the date of approval by the shareholders' meeting [16][18] Group 3 - The company has no external guarantees as of the announcement date [26] - The board believes that the proposed guarantee aligns with the company's operational needs and strategic deployment for 2026, benefiting all shareholders [25] - The company will ensure that the guarantee does not harm the interests of the company and minority shareholders, as the subsidiaries involved are under the company's actual control and have good credit status [24][25]

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]