Group 1 - The company plans to establish a manufacturing base in Qingdao using its own funds, with an initial investment not exceeding 10 million yuan [1] - The manufacturing base will primarily produce heat pump module systems, which are core components for dryers, to support Hisense Refrigerator Co., Ltd. [1] - The company has signed a strategic supplier cooperation memorandum with Hisense, agreeing to collaborate on new product development and product validation [1]

Group 1 - The company, Tongxing Technology (301252), plans to establish a manufacturing base in Qingdao using its own funds to enhance product competitiveness [1] - The initial investment amount is not to exceed 10 million yuan [1] - The company has signed a Strategic Supplier Cooperation Memorandum with Hisense Group (000921) to collaborate on new product development and validation [1] Group 2 - The memorandum is a framework agreement and does not require shareholder meeting approval, indicating it falls within the board's approval authority [1] - The financial impact of this agreement on the company's financial status and operating results will depend on market changes and implementation conditions, indicating a level of uncertainty [1]