Group 1 - The company provided a guarantee for its wholly-owned subsidiary, Mosi International Holdings Limited, to meet its financing needs, with a total guarantee amount not exceeding RMB 4 billion [2][5] - The internal decision-making process for the guarantee was approved in meetings held on April 24, 2025, and May 16, 2025, by the board of directors and the annual general meeting [2][3] - The guarantee is within the approved limit and does not require additional internal decision-making procedures [3] Group 2 - Mosi International Holdings Limited, established on October 13, 2017, is a wholly-owned subsidiary of the company, with a registered capital of RMB 100 million [4] - The company holds 100% equity in Mosi International, which has a good credit status and is not a defaulter [4][5] - The guarantee provided by the company covers all debts incurred by Mosi International under the credit agreement with China Everbright Bank [5] Group 3 - The total amount of guarantees provided by the company to its wholly-owned subsidiaries after this guarantee will be RMB 1.68 billion, accounting for 37.19% of the company's audited net assets for 2024 [5] - The balance of guarantees to wholly-owned subsidiaries will be RMB 1.0406115 billion, accounting for 23.03% of the company's audited net assets for 2024 [5] - As of the announcement date, the company and its wholly-owned subsidiaries have no guarantees provided to entities outside the consolidated financial statements, nor any overdue debts related to guarantees [5] Group 4 - The company has initiated a share repurchase plan to address its equity distribution issue, with a total repurchase amount between RMB 12 million and RMB 24 million [7][8] - As of July 18, 2025, the company has repurchased 4,265,977 shares, accounting for 1.07% of the total share capital before the repurchase [8][9] - The company plans to complete the capital reserve transfer to increase share capital by August 21, 2025, to meet listing conditions [10][11]