Group 1 - The company has signed a convertible debt investment agreement with Beijing Shunzao Technology Co., Ltd., individual Tang Cheng, and Suzhou Ruilonghui Management Consulting Partnership (Limited Partnership) [1][2] - The company will provide financial assistance of RMB 50 million in cash to the target company, with a loan term of two years [1][2] - The company has the right to convert the loan amount into equity of the target company based on the pre-investment valuation if certain conditions are met before the loan term expires [1][2] Group 2 - The company will hold a half-year performance briefing on October 13, 2025, from 16:00 to 17:00 [5][7] - Investors can submit questions for the briefing from September 26 to October 10, 2025 [6][9] - The briefing will be conducted in an interactive online format via the Shanghai Stock Exchange Roadshow Center [8][10]

Group 1 - The company held an emergency board meeting on September 5, 2025, to discuss urgent matters, with all seven directors present [2][6][3] - The board approved the proposal to sign a Convertible Debt Investment Agreement with Beijing Shunzhao Technology Co., Ltd., which is a major client of the company [4][5][21] - The proposal will be submitted for approval at the company's third extraordinary general meeting of shareholders in 2025 [7][8] Group 2 - The company plans to provide financial assistance of RMB 50 million to Beijing Shunzhao, with a two-year loan term and an interest rate of 2.75% [20][27] - The company has the option to convert the loan into equity in Beijing Shunzhao under certain conditions, allowing for potential investment opportunities [20][27] - The financial assistance is aimed at strengthening the partnership with Beijing Shunzhao and enhancing resource sharing and business opportunities [29][51] Group 3 - The third extraordinary general meeting of shareholders is scheduled for September 22, 2025, and will include both on-site and online voting [59][60] - The meeting will discuss the proposals that were previously approved by the board and the supervisory board [62][63] - The company emphasizes that the financial assistance will not affect its normal business operations or funding usage [56][57]

Group 1 - The company plans to sign an investment agreement with Beijing Shunzhao Technology Co., Ltd., a major client, to provide financial assistance of RMB 50 million, with a two-year loan term and an interest rate of 2.75% [1][2] - The investment aims to reduce future investment risks, secure opportunities for equity investment in the target company, and enhance cooperation and resource sharing between the two parties [2] - The agreement is not expected to affect the company's normal business operations or fund usage and complies with relevant stock exchange regulations regarding financial assistance [2]

Core Viewpoint - The company plans to sign a convertible debt investment agreement with Beijing Shunzao Technology Co., Ltd., aiming to provide financial support of 50 million RMB, which can be converted into equity under certain conditions, thereby securing future investment opportunities and enhancing cooperation [1][5][7]. Group 1: Agreement Details - The company intends to provide a one-time financial support of 50 million RMB to Beijing Shunzao, with a borrowing period of two years and an interest rate of 2.75% [5][14]. - If the company does not convert the debt into equity by the end of the borrowing period, Beijing Shunzao is obligated to repay the principal and interest [5][14]. - The agreement has been approved by the company's board and will be submitted for shareholder approval [6][20]. Group 2: Strategic Considerations - The primary purpose of the investment agreement is to capture development opportunities and lock in the investment valuation of Beijing Shunzao, which is a major customer of the company [2][18]. - The company aims to reduce future investment risks and enhance resource sharing and business opportunities through this agreement [2][18]. - The financial support is not expected to affect the company's normal business operations or fund usage [18][20]. Group 3: Financial and Operational Context - Beijing Shunzao has shown significant growth, with total assets of approximately 73.41 million RMB and total liabilities of about 70.90 million RMB as of June 30, 2025, indicating a high debt ratio of 96.58% [11][12]. - The company has a long-term cooperative relationship with Beijing Shunzao, primarily in the development and sales of cleaning appliances [7][12]. - The agreement is structured to allow for a potential equity conversion, contingent upon the fulfillment of specific conditions, which will be evaluated carefully by the company [19][20].

Group 1 - The company held its 32nd meeting of the third board of directors on September 5, 2025, with all 7 directors present, complying with legal and regulatory requirements [1] - The board approved the proposal to sign a convertible bond investment agreement, which was previously reviewed and agreed upon by the audit committee [1][2] - The proposal will be submitted for approval at the company's third extraordinary general meeting of shareholders in 2025 [2] Group 2 - The board also approved the proposal to convene the third extraordinary general meeting of shareholders in 2025, with unanimous support from all directors [2]

Group 1 - The company plans to sign an investment agreement with Beijing Shunzhao Technology Co., Ltd., a major client, to provide financial assistance of RMB 50 million, with a two-year loan term and an interest rate of 2.75% [1][2] - The investment aims to reduce future investment risks, secure opportunities for equity investment in the target company, and enhance cooperation and resource sharing between the two parties [2] - The agreement is not expected to affect the company's normal business operations or fund usage, and it complies with the relevant regulations of the Shanghai Stock Exchange [2]