Summary of Key Points Core Viewpoint - The company has provided a guarantee of RMB 50 million for its wholly-owned subsidiary, Jiangsu Huicheng Optoelectronics Co., Ltd., to facilitate its bank financing needs [1][2]. Group 1: Guarantee Overview - The company signed a maximum guarantee contract with Bank of China, Yangzhou Hanjing Branch, to provide a guarantee of up to RMB 50 million for Jiangsu Huicheng's financing needs [2]. - The board of directors has approved this guarantee, and it falls within the previously authorized guarantee limit of up to RMB 500 million [2]. Group 2: Subsidiary Information - Jiangsu Huicheng Optoelectronics Co., Ltd. was established on August 29, 2011, and is located in Yangzhou High-tech Zone [4][5]. - The registered capital of Jiangsu Huicheng is RMB 861.64 million, and it specializes in semiconductor integrated circuit products and related materials [7]. Group 3: Financial Data and Debt Capacity - As of the announcement date, Jiangsu Huicheng has no significant issues affecting its debt repayment ability and is not listed as a dishonest entity [10]. - The total external guarantee amount provided by the company and its subsidiaries is RMB 50 million, which represents 1.56% of the company's audited net assets and 1.09% of total assets [13].