Group 1 - The company has signed a Financial Services Framework Agreement with Chongqing Mechanical and Electrical Holdings Group Financial Company to enhance its overall fund management and efficiency [7][26][58] - The agreement is valid for two years and includes services such as deposits, credit, and other financial services [7][14][15] - The agreement requires approval from the shareholders' meeting, with related shareholders abstaining from voting [8][39] Group 2 - The financial company is a non-bank financial institution established in 2013, with a registered capital of 1 billion yuan [9][11] - The financial company has a good development status over the past three years and is capable of fulfilling its contractual obligations [12][26] - The agreement stipulates that the daily maximum deposit balance at the financial company shall not exceed 400 million yuan [19][20] Group 3 - The company’s board of directors has approved the agreement, emphasizing that it complies with relevant laws and regulations and does not harm the interests of the company or its shareholders [27][28][60] - The independent directors have also reviewed and agreed that the agreement is fair and does not negatively impact the company's independence [28][29] - The company will hold its second extraordinary shareholders' meeting on November 12, 2025, to discuss the agreement [33][34][69]

Core Points - The company announced a board meeting on September 25, 2025, to approve a proposal for signing a financial service agreement with Zhengtai Group Financial Co., Ltd [1] - The agreement aims to enhance the company's and its subsidiaries' fund management, improve risk control, reduce operational costs, and increase fund utilization efficiency [1] - The agreement will be effective from 2026 to 2028, with a total credit limit of up to RMB 500 million and a maximum daily deposit balance of RMB 500 million at Zhengtai Financial [1] - Both the company and Zhengtai Financial are under the control of Mr. Nan Cunhui, establishing a related party relationship, and the transaction is classified as a related party transaction [1] - The proposal will require approval from the company's shareholders [1]

Core Viewpoint - The company has provided a guarantee of RMB 50 million for its wholly-owned subsidiary, Beijing Jinghang An Airport Engineering Co., Ltd. (Jinghang An), with a total guarantee balance of RMB 100 million as of the announcement date [2][3]. Summary by Sections Guarantee Overview - The company has signed a maximum joint liability guarantee agreement for RMB 50 million for Jinghang An, which is supported by a credit facility from Jiangsu Bank [4]. - The total guarantee limit for Jinghang An is RMB 250 million, as approved in the company's board meeting and annual shareholders' meeting [4]. Basic Information of the Guaranteed Party - Jinghang An is a limited liability company with a registered capital of RMB 200 million, located in Beijing, and specializes in airport construction engineering [5]. Guarantee Agreement Details - The guarantee covers the principal debt and all interest, fees, penalties, and costs related to the debt recovery process [7]. - The guarantee period lasts until three years after the debt fulfillment period [7]. Necessity and Reasonableness of the Guarantee - The guarantee is considered a normal business practice that will not affect the company's ongoing operations or harm shareholder interests [8]. Board of Directors' Opinion - The guarantee is aimed at meeting Jinghang An's funding needs and ensuring its stable development, with the company assessing the risk as controllable [9]. Cumulative Guarantee Amount and Overdue Guarantees - The company's total guarantee amount is RMB 1,084,456.01 million, with an actual guarantee balance of RMB 753,685.00 million, significantly exceeding the latest audited net assets [10].