Core Viewpoint - The company plans to increase the automotive financing guarantee limit for reputable customers from 900 million RMB to 1.2 billion RMB to enhance market competitiveness and boost bus sales revenue [1][3]. Summary by Sections 1. Overview of Guarantee Situation - Due to market recovery and rapid growth in mortgage financing demand, the subsidiary Suzhou Jinlong intends to raise the automotive financing guarantee limit for reputable customers from 900 million RMB to 1.2 billion RMB [1]. 2. Basic Information of Guaranteed Parties - The guaranteed parties include individuals and legal entities that have passed credit reviews by both the company’s subsidiary Suzhou Jinlong and banks, and are eligible for bank loans [1]. 3. Additional Expected Guarantee Limit for 2025 - The company anticipates that in 2025, the subsidiary Suzhou Jinlong will provide increased automotive financing guarantees to car buyers [1]. 4. Board of Directors' Opinion - The board believes that increasing the financing guarantee limit for reputable customers will effectively drive sales revenue and ensure the company's long-term sustainable development [1][3]. 5. Independent Directors' Special Meeting Opinion - The independent directors' special meeting concluded that the increase in financing guarantee limits for reputable customers will effectively promote sales revenue growth and ensure the company's long-term sustainable development, with no harm to the interests of the company or minority shareholders [1][3].