Core Viewpoint - IBM and ETH Zurich have announced a 10-year collaboration aimed at advancing algorithms for AI and quantum computing, marking a significant milestone in their ongoing partnership [1][6]. Group 1: Collaboration Details - The initiative focuses on developing new classes of algorithms that bridge classical computing, machine learning, and quantum systems to tackle critical business challenges [2][3]. - IBM will support the establishment of professorships and research projects at ETH Zurich to enhance algorithmic expertise for the next generation [3][6]. Group 2: Research Focus Areas - The collaboration will address four key areas: optimization and combinatorial problems, differential equations and dynamical systems, linear algebra and Hamiltonian simulations, and complex system modeling [3][4]. - New algorithmic paradigms will be explored, including hybrid approaches that integrate classical, AI-driven, and quantum computation [3][4]. Group 3: Institutional Background - ETH Zurich is recognized as a leading scientific institution with a legacy of 22 Nobel laureates and significant contributions to mathematics, physics, and computer science [5]. - IBM has a history of defining major computing eras through foundational algorithmic breakthroughs and pioneering AI technologies [4][5].

Core Viewpoint - The company, Yunnan Nantian Electronic Information Industry Co., Ltd., has approved a guarantee for its wholly-owned subsidiary, Guangzhou Nantian Computer System Co., Ltd., to support its business development and growth [9][16]. Meeting Details - The board meeting was held on November 27, 2025, via communication, with all nine directors present [8]. - The resolution to provide the guarantee was passed unanimously with nine votes in favor and no opposition [2][3]. Guarantee Details - The guarantee is for a maximum amount of RMB 265 million, effective from November 28, 2025, to March 31, 2026 [14][12]. - The guarantee covers all debts arising from business transactions between Huawei Technologies Co., Ltd. and Guangzhou Nantian [11][12]. Financial Overview of Subsidiary - Guangzhou Nantian has a registered capital of RMB 100.23 million and has been operational since January 20, 1992 [9]. - The subsidiary's credit status is good, and it is not a subject of enforcement actions [10]. Board's Opinion - The board believes that providing the guarantee is in the company's overall interest and will not adversely affect the company or its shareholders, particularly minority shareholders [16]. Cumulative Guarantee Information - After this guarantee, the total amount of guarantees provided by the company to its subsidiaries will be RMB 265 million, which represents 9.81% of the company's latest audited net assets [17]. - The company has no overdue guarantees or guarantees related to litigation [17].