Core Viewpoint - The company has approved a bank credit line of up to RMB 200 million for its subsidiary, Southern Black Sesame (Guangxi) Health Grain Warehouse Factory Co., Ltd., and authorized its wholly-owned subsidiary, Black Sesame (Guangxi) Investment Co., Ltd., to provide collateral for this credit line [1][2][30]. Group 1: Board Meeting Resolutions - The board meeting was held on September 14, 2025, with all nine directors present, and the resolutions were passed unanimously [1][3]. - The board approved the proposal for the subsidiary to apply for a bank credit line not exceeding RMB 200 million from the Postal Savings Bank of China [1][2]. - The board also agreed to convene the company's fourth extraordinary general meeting on October 10, 2025, to discuss the guarantee proposal [4][5]. Group 2: Guarantee Details - The guarantee involves Black Sesame Investment providing a maximum collateral guarantee for the credit line, with the specific terms to be defined in the guarantee contract [2][30]. - The total amount of external guarantees provided by the company and its subsidiaries has exceeded 50% of the latest audited net assets, necessitating shareholder approval for this guarantee [3][30][41]. Group 3: Financial and Operational Context - The Health Grain Warehouse Factory is a core operating entity of the company, and the financing is aimed at supporting its operational cash flow needs [40]. - The factory has a good credit status and is not listed as a dishonest executor, indicating a stable financial position [34][41].