Group 1 - The company decided to apply for a working capital loan of up to 25 million yuan from the Agricultural Development Bank of China, with its subsidiary providing collateral [1] - The board meeting approved the loan application with a unanimous vote of 7 in favor, 0 against, and 0 abstentions [1] - The subsidiary Chengdu Xuerong will provide its factory and land use rights as collateral for the loan, while other subsidiaries will provide joint liability guarantees [1] Group 2 - The wholly-owned subsidiary Shandong Xuerong plans to sign a series of trade contracts with Fuzhou Xintou from August 2025 to December 2026 [2] - To support the subsidiary's operations, the company will provide a joint liability guarantee for the subsidiary's debts under the trade contracts, with a maximum amount of 200 million yuan [2] - The board approved this guarantee with a unanimous vote of 7 in favor, 0 against, and 0 abstentions [2] Group 3 - The proposal for the guarantees will be submitted for approval at the company's second extraordinary general meeting of shareholders on August 4, 2025 [3] - The meeting will combine on-site voting and online voting methods [3] - The board's decision to proceed with the proposal was also unanimously approved [3]

Group 1 - The company held its fourth meeting of the seventh board of directors on June 26, 2025, with all nine directors present, ensuring compliance with relevant laws and regulations [1] - The board approved a proposal to apply for a working capital loan of 160 million yuan from Guangxi Beibu Gulf Bank to support the procurement of raw materials and operational cash flow [1][2] - The loan's interest rate, term, and guarantee method will be determined by the bank's final credit approval [2] Group 2 - The board agreed to a new guarantee limit of up to 440 million yuan for the company's subsidiaries to secure loans from financial institutions, with the guarantee being reusable [2] - The guarantee methods may include joint liability guarantees, pledges, and mortgages, and the approval is subject to the upcoming shareholders' meeting [2][3] - The company plans to hold its second extraordinary shareholders' meeting on July 15, 2025, combining on-site and online voting [3]