Summary of Key Points Core Viewpoint - Guorui Technology Co., Ltd. is providing a performance guarantee for its wholly-owned subsidiary, Nanjing Enrite Industrial Co., Ltd., in a joint venture with Chinney Alliance Engineering Limited for a project in Hong Kong, which has a total contract value of HKD 3,600.2128 million [2][6]. Group 1: Guarantee Overview - The performance guarantee is necessary for the joint venture to fulfill its contractual obligations and is expected to last for approximately 55 months [2][6]. - The guarantee does not involve any counter-guarantee [2]. - The joint venture has received a conditional pre-award notification for the project [2]. Group 2: Internal Decision-Making Process - The Board of Directors of Guorui Technology convened on August 18, 2025, and unanimously approved the proposal for the performance guarantee [3][4]. - The guarantee proposal will be submitted for shareholder approval [4]. Group 3: Basic Information of the Guaranteed Entities - Nanjing Enrite Industrial Co., Ltd. is a wholly-owned subsidiary of Guorui Technology, established on January 8, 2003, with a registered capital of RMB 30 million [5]. - The company specializes in various fields including real estate development, radar and communication equipment, and industrial automation [5]. - Chinney Alliance Engineering Limited is a partner in the joint venture, with its major shareholder being Chinney Alliance Group Limited, a publicly listed company in Hong Kong [5][6]. Group 4: Necessity and Reasonableness of the Guarantee - The guarantee is deemed necessary for the business operations of Nanjing Enrite and supports its project execution [7]. - The Board believes that the guaranteed entity has a strong track record and creditworthiness, making the overall risk manageable [7]. Group 5: Cumulative Guarantee Situation - As of the announcement date, Guorui Technology and its subsidiaries have no overdue guarantees and no other external guarantees apart from this one [7].