Core Viewpoint - The company announced that its wholly-owned subsidiary, Haihua Electric, has signed a project contract in Uzbekistan, requiring performance and advance payment guarantees totaling $390,498.66, valid until October 31, 2026 [1] Group 1: Contract Details - The contract is with the subsidiary, Dongfang Power Engineering Co., Ltd., which is also a wholly-owned subsidiary of Haihua Electric [1] - The total guarantee amount is $390,498.66 [1] - The guarantee period extends until October 31, 2026 [1] Group 2: Financial Standing - The board of directors approved the guarantee without the need for a shareholders' meeting [1] - Dongfang Power Engineering Co., Ltd. has an AAA credit rating and is not a dishonest executor [1] - After this guarantee, the company's external guarantees (excluding subsidiaries) balance is $0, while the balance for subsidiaries is 3.5206 million yuan, accounting for 0.07% of net assets [1] - The company has no overdue or non-compliant guarantee situations [1]