Group 1 - The company, Jiangsu Zerun New Energy Technology Co., Ltd., plans to apply for a total comprehensive credit limit of up to RMB 1.2 billion from banks and financial institutions to support its production and business development needs [1][2] - The types of credit include but are not limited to bank loans, guarantees, letters of credit, acceptance bills, bill discounts, and factoring [1] - The authorization for the credit limit is valid for 12 months from the date of approval at the 2024 annual general meeting [2] Group 2 - The application for the credit limit is deemed necessary to ensure normal business operations and development, providing sufficient financial support while maintaining risk control [2] - The actual financing amount will depend on the agreements made with cooperating banks within the approved credit limit [2]