Group 1 - The company held its fourth board meeting on February 6, 2026, with all seven directors present, and the meeting complied with relevant laws and regulations [2][4] - The board approved several key proposals, including the application for a comprehensive credit limit and guarantees for subsidiaries, which is deemed beneficial for financing needs [2][19] - The company plans to apply for a total credit limit of up to RMB 1.5 billion for its subsidiaries, with a maximum guarantee amount of RMB 500 million, which represents 58.84% of the company's latest audited net assets [20][30] Group 2 - The board approved the proposal to conduct financial derivatives business for 2026, with a total amount not exceeding RMB 400 million, primarily for hedging purposes [6][32] - The financial derivatives will include forward foreign exchange contracts, foreign exchange options, and interest rate swaps, aimed at managing foreign exchange risks [34][35] - The company will seek shareholder approval for these activities, which are not considered related party transactions [33][37] Group 3 - The board also approved the proposal to conduct asset pool business, allowing for a total amount not exceeding RMB 400 million, which aims to enhance liquidity and optimize financial structure [12][48] - The asset pool business will involve various financial assets and will be managed in collaboration with reputable commercial banks [49][50] - The company intends to use the asset pool to improve the efficiency of financial asset management and reduce capital occupation [53][54]