Summary of Key Points Core Viewpoint - Guorui Technology Co., Ltd. is providing a performance guarantee for its wholly-owned subsidiary, Nanjing Enrite Industrial Co., Ltd., in a joint venture with Chinney Alliance Engineering Limited for a project in Hong Kong, which has a total contract value of HKD 3,600.2128 million [2][6]. Group 1: Guarantee Overview - The performance guarantee is necessary for the joint venture to fulfill its contractual obligations and is expected to last for approximately 55 months [2][6]. - The guarantee does not involve any counter-guarantee [2]. - The joint venture has received a conditional pre-award notification for the project [2]. Group 2: Internal Decision-Making Process - The Board of Directors of Guorui Technology convened on August 18, 2025, and unanimously approved the proposal for the performance guarantee [3][4]. - The guarantee proposal will be submitted for shareholder approval [4]. Group 3: Basic Information of the Guaranteed Entities - Nanjing Enrite Industrial Co., Ltd. is a wholly-owned subsidiary of Guorui Technology, established on January 8, 2003, with a registered capital of RMB 30 million [5]. - The company specializes in various fields including real estate development, radar and communication equipment, and industrial automation [5]. - Chinney Alliance Engineering Limited is a partner in the joint venture, with its major shareholder being Chinney Alliance Group Limited, a publicly listed company in Hong Kong [5][6]. Group 4: Necessity and Reasonableness of the Guarantee - The guarantee is deemed necessary for the business operations of Nanjing Enrite and supports its project execution [7]. - The Board believes that the guaranteed entity has a strong track record and creditworthiness, making the overall risk manageable [7]. Group 5: Cumulative Guarantee Situation - As of the announcement date, Guorui Technology and its subsidiaries have no overdue guarantees and no other external guarantees apart from this one [7].

Group 1 - The company held its 12th meeting of the 11th Board of Directors on July 14, 2025, chaired by Chairman Zhang Yingwei, with attendance from supervisors and senior management [1] - The Board approved a proposal to provide a performance guarantee of 600 million RMB for its subsidiaries for the year 2025, covering various types of guarantees such as bid bonds and performance bonds, pending shareholder approval [1][2] - The Board also approved a proposal for the controlling shareholder, Xuyang Holdings, to provide a performance guarantee of 600 million RMB for the company and its subsidiaries for the year 2025, with specific terms to be finalized with relevant parties [2] - The Board decided to postpone the third extraordinary general meeting of shareholders for 2025, authorizing the Board to issue a notice for the meeting at a later date [3]

Group 1 - The company, Hainan Development, plans to provide a performance guarantee for its subsidiary, Shenzhen Sanxin Technology Development Co., Ltd.'s Macau branch, which has won a subcontracting project for the Galaxy 3D project [1][5] - The performance guarantee is necessary as the project owner requires a third-party guarantee from a company that has been established for over 20 years or is publicly listed [1][2] - The board of directors has approved this guarantee, which will be submitted for shareholder approval [1][5] Group 2 - Shenzhen Sanxin Technology's Macau branch has a total debt of 11.08 million yuan and a net asset of -2.56 million yuan, with a revenue of 80.57 million yuan and a net loss of 2.56 million yuan for 2024 [2] - The parent company, Shenzhen Sanxin Technology, has a total debt of 3.18 billion yuan and reported a revenue of 2.83 billion yuan for 2024 [2] - The performance guarantee will cover all obligations under the subcontract and will be a joint liability guarantee [3][4] Group 3 - The performance guarantee is intended to facilitate the settlement of the project and expand the market presence in Macau [1][5] - The company has provided a total of 0 billion yuan in guarantees to Sanxin Technology, with a total signed contract guarantee amount of 1.77 billion yuan, which is 165% of the company's latest audited net assets [5] - There are no overdue guarantees for the company or its subsidiaries [5]

Meeting Information - The company will hold its fourth extraordinary general meeting of shareholders on June 30, 2025, at 15:00 [1] - Network voting will be available on the same day from 9:15 to 9:25, 9:30 to 11:30, and 13:00 to 15:00 [1] Voting Procedures - Shareholders can vote in person or authorize others to attend and vote on their behalf [2] - The company will provide an online voting platform through the Shenzhen Stock Exchange and an internet voting system [2] Attendees - Eligible attendees include ordinary shareholders, company directors, supervisors, senior management, and appointed lawyers [2][5] Agenda Items - The meeting will discuss proposals including the acquisition of control over Hangzhou Wangying Technology Co., Ltd. and providing performance guarantees for the Macau Galaxy 3D project [2][9] Registration Details - Shareholders must register in advance, either in person or via email, with specific documentation required for both individual and corporate shareholders [5][6]

Group 1 - The company, Ningbo Top Group Co., Ltd., has agreed to provide a performance guarantee for its wholly-owned subsidiary, Ningbo Top Auto Parts Co., Ltd., in relation to potential payment obligations arising from a collaboration with an integrator [1][2] - The maximum guarantee amount is set at RMB 100 million, with a guarantee period of six years from the date the guaranteed debt is due [1][3] - The board of directors unanimously approved the guarantee, which will also require approval from the company's shareholders [2][3] Group 2 - Ningbo Top Auto Parts Co., Ltd. specializes in the research, manufacturing, processing, wholesale, and retail of sound insulation and heat insulation components, as well as electronic and sealing parts [2] - As of the latest financial data, the total assets of the subsidiary amount to approximately RMB 6.27 billion, with total liabilities of about RMB 5.99 billion, resulting in a net asset value of approximately RMB 281.61 million [2][3] - The subsidiary reported an operating income of approximately RMB 2.46 billion and a net profit of approximately RMB 23.53 million [2][3] Group 3 - The company believes that providing this guarantee is necessary and reasonable for the subsidiary to engage in new business activities, aligning with general commercial practices [3][4] - The company has no overdue guarantees, and the total guarantee balance amounts to approximately RMB 566.57 million, which represents 2.89% of the company's audited net assets for the year 2024 [4]