Core Viewpoint - The company plans to apply for financing of up to 400 million yuan for the year 2025, with various financing types and primarily secured by intangible asset pledges and guarantees from the parent company [1] Financing Details - The financing will include guarantees for subsidiaries with a debt-to-asset ratio not exceeding 70% up to 300 million yuan, and for those exceeding 70% up to 160 million yuan, with a validity period of 12 months [1] - The company has signed a maximum guarantee contract with Qingdao Bank Dezhou Technology Branch to provide a joint liability guarantee for its wholly-owned subsidiary Shandong Anuoda's short-term working capital loan of 30 million yuan, with a guarantee period until September 23, 2028 [1] Current Guarantee Status - As of the announcement date, the total approved external guarantees amount to 460 million yuan, with a remaining guarantee balance of 132 million yuan, and there are no overdue or irregular guarantees [1]

Core Viewpoint - The company held its tenth board meeting to discuss and approve several key proposals, including the reappointment of the accounting firm and providing guarantees for subsidiaries' financing needs [1][2][3][4]. Group 1: Reappointment of Accounting Firm - The board approved the reappointment of Tianjian Accounting Firm as the accounting and internal control auditing institution for the year 2025, with an annual audit fee of 1.68 million RMB, which includes 1.28 million RMB for annual report auditing and 400,000 RMB for internal control auditing [1][2]. Group 2: Guarantees for Subsidiaries - The company plans to provide joint liability guarantees for its wholly-owned subsidiaries, including a guarantee of 80 million RMB for Jin Hong Crankshaft Co., Ltd. and 32.5 million RMB for Tianjin Haozhong Automotive Trade Service Co., Ltd. to support their financing needs [2][3]. - Additionally, a guarantee of 30 million RMB will be provided for Tianjin Anweide Technology Co., Ltd. to facilitate its financing of 20 million RMB [3][4]. Group 3: Shareholder Meeting - The company has scheduled the 2024 annual shareholder meeting for June 18, 2025, at its Chengdu branch [4].