Core Viewpoint - Sichuan Jinshi Technology Co., Ltd. has approved significant financial measures including a credit facility application and the transfer of a subsidiary's equity to optimize asset structure and enhance operational efficiency [4][21]. Group 1: Board Meeting Details - The 16th meeting of the third board of directors was held on August 12, 2025, with all seven directors present [2][3]. - The meeting was conducted in compliance with relevant laws and regulations [3]. Group 2: Credit Facility and Guarantees - The board approved a proposal for the company and its subsidiaries to apply for a total credit facility not exceeding 300 million yuan, with guarantees provided for subsidiaries up to 200 million yuan [4][12]. - The credit facility will support various financial needs including working capital loans and other financial instruments [12][13]. - The board authorized the chairman to manage the specifics of the credit and guarantee arrangements [17]. Group 3: Equity Transfer of Subsidiary - The board approved the public transfer of 100% equity of Hunan Jinshi Technology Co., Ltd. through the Beijing Property Exchange, with an initial listing price set at 405.0205 million yuan [21][22]. - The transfer aims to optimize asset structure and improve resource utilization, with the final transaction price to be determined based on market conditions [21][25]. - The subsidiary will be excluded from the consolidated financial statements upon successful completion of the transfer [22][25].