Core Viewpoint - The company announced that its wholly-owned subsidiary, Witeo New Materials (USA) Co., Ltd., will lease a facility in the U.S. to support its operational development, with a guarantee provided by its primary subsidiary, Shenzhen Witeo Soldering Materials Technology Co., Ltd. [1] Summary by Relevant Sections - **Lease Agreement**: Witeo New Materials (USA) plans to sign a lease agreement for a facility to meet its operational needs [1] - **Guarantee Details**: The total guarantee amount will not exceed 130% of the total rent for the lease term, approximately $403,000 (around 2.87 million RMB based on an exchange rate of 1:7.12) [1] - **Approval Process**: The guarantee does not require approval from the company's board of directors or shareholders, as it involves a primary subsidiary providing support to a secondary subsidiary [1]