Group 1 - The company announced that it will provide guarantees for its wholly-owned subsidiary Baolong Industry and its controlling subsidiaries Baofu China and Longgan Electronics to facilitate their financing needs [2][35] - The total amount of guarantees for the year 2025 is capped at 4.5 billion RMB, which has been approved by the board and shareholders [3][36] - The guarantees provided do not require separate board or shareholder meetings for approval as they fall within the previously approved total guarantee amount [4][36] Group 2 - As of October 31, 2025, the total amount of guarantees provided by the company and its subsidiaries is approximately 3.74 billion RMB, which represents 116.89% of the company's latest audited net assets [36] - There are no overdue guarantees, and the company has not provided guarantees for its controlling shareholders or related parties [36]