Summary of Key Points Core Viewpoint - The company, Guangzhou Yichang Technology Co., Ltd., has approved a guarantee limit for external financing, which includes a total guarantee amount of up to RMB 1.7 billion for its subsidiaries, with specific allocations based on their asset-liability ratios [3][4]. Group 1: Guarantee Overview - The company has approved a total guarantee limit of RMB 1.7 billion for the year 2025, with RMB 1.05 billion allocated for companies with an asset-liability ratio below 70% and RMB 650 million for those above 70% [3]. - The guarantee can be used for various financing needs, including loans and bank guarantees, and is valid from the date of the 2024 annual shareholders' meeting until the 2025 annual shareholders' meeting [3]. Group 2: Specific Guarantee for Subsidiary - The subsidiary, Wuhu Huizhan New Energy Technology Co., Ltd., has applied for a credit limit of RMB 10 million from the Bank of China, with the company providing a guarantee for this credit [4]. - The subsidiary is a limited liability company with a registered capital of RMB 52.38 million and is primarily engaged in the research, production, and sales of new energy vehicle power batteries and components [5]. Group 3: Financial Health of the Subsidiary - Wuhu Huizhan New Energy Technology Co., Ltd. is not listed as a dishonest executor and has good operational conditions, indicating a strong ability to repay debts [6]. - The company has not provided proportional guarantees for other shareholders, and the subsidiary's financial status is closely monitored by the parent company [6]. Group 4: Total Guarantee Amount and Status - As of the announcement date, the total guarantee amount provided by the company to its subsidiaries is RMB 428.08 million, which accounts for 78% of the audited net assets attributable to the shareholders of the listed company for 2024 [7]. - There are no overdue guarantees, and the subsidiaries have not provided guarantees for the parent company [7].