Core Viewpoint - Qiaoyin Co., Ltd. has announced the approval of a factoring financing business to enhance its financing channels and optimize its debt structure, aiming to improve capital efficiency and meet operational development needs [2] Group 1: Financing Details - The company will transfer part of its accounts receivable to Guoyao Ronghui Financing Leasing Co., Ltd. to apply for a recourse factoring financing of up to RMB 100 million [2] - The financing is intended to support the company's operational growth and financial management [2] Group 2: Guarantees - The company's controlling shareholders and actual controllers, Guo Beihua, Liu Shaoyun, and Han Dan, will provide joint liability guarantees for this factoring financing without charging any guarantee fees [2]