Group 1 - The company, Yunnan Luoping Zinc Electric Co., Ltd., has proposed to apply for a low-risk financing credit limit from CITIC Bank amounting to 200 million RMB [2] - The credit limit is intended to meet the company's daily operational and business development funding needs, with a one-year term [2] - The credit will be secured by the company's own funds and a single asset pool, with the financing products including bank acceptance bills and domestic and international letters of credit [2] Group 2 - The company's eighth board of directors held a temporary meeting on July 25, 2025, where the proposal for the financing credit limit was unanimously approved by all eight participating directors [6][8] - The meeting was conducted via telecommunication, and all procedural requirements were met according to the Company Law and the company's articles of association [6]

Group 1 - The company plans to apply for a credit limit of RMB 35 million from Shenzhen High-tech Investment Micro-loan Co., Ltd. to broaden financing channels and reduce financing costs [2][10] - Shenzhen Panhai Tonglian Precision Mould Co., Ltd. will pledge a patent as collateral for a loan of RMB 20 million, while Shenzhen Panhai Tonglian Intelligent Manufacturing Co., Ltd. will apply for a loan of RMB 15 million [2][9] - The financing will be used for the company's daily business operations, with a loan term of 360 days [2][10] Group 2 - The controlling shareholder and actual controller, Yang Hu, and his spouse, Wang Xiaolin, will provide counter-guarantees for the financing, which constitutes a related party transaction [3][10] - The company has obtained approval from its board and shareholders for the credit limit application, which falls within the previously approved total credit limit [3][10] - The related party transaction is exempt from further review and disclosure as it is classified as a transaction where the listed company receives benefits unilaterally [3][10] Group 3 - The company’s debtors include its subsidiaries, which are engaged in the design, research, and sales of precision molds and components [4][9] - The company’s financial structure is deemed reasonable, and the application for credit is expected to have a positive impact on its operations [10] - The underwriting institution has confirmed that the counter-guarantees provided by Yang Hu and Wang Xiaolin do not require the company to pay any fees, benefiting the company without incurring additional costs [10]

Group 1 - The company conducted a comprehensive review and impairment testing of its assets as of December 31, 2024, resulting in a total impairment loss of 237.61 million yuan, which includes a reversal of credit impairment loss of 90.05 million yuan and recognition of goodwill impairment loss of 141.09 million yuan [1][2] - The impairment losses recognized include inventory write-downs of 126.08 million yuan, fixed asset impairment losses of 39.08 million yuan, right-of-use asset impairment losses of 18.17 million yuan, and intangible asset impairment losses of 3.23 million yuan [1][2] - The company wrote off receivables totaling 95.09 million yuan, all of which had previously been fully provided for impairment, meaning this write-off will not impact the net profit for 2024 [2] Group 2 - The company confirmed that the total asset and credit impairment losses for 2024 amounted to 237.61 million yuan, which led to a decrease in owners' equity and net profit by 241.95 million yuan [2] - The company’s 2024 profit distribution plan includes no cash dividends, no bonus shares, and no capital increase from reserves due to a negative net profit and negative distributable profits [11][49] - The company plans to apply for a financing credit limit of 5 billion yuan to support its operational needs and optimize its debt structure [50][51]