Core Viewpoint - The company plans to apply for a total credit limit of up to 4 billion RMB for the year 2026 to support various financing needs, including working capital loans and debt restructuring [1][4]. Group 1: Credit Application Overview - The company and its subsidiaries will apply for a comprehensive credit limit not exceeding 4 billion RMB for 2026, aimed at renewing existing credit, optimizing debt structure, and supplementing working capital [1]. - The credit may involve guarantees and collateral, including mutual guarantees among subsidiaries and pledging of assets [2]. Group 2: Specific Credit Usage - On January 27, 2026, the company approved a financing lease application of 300 million RMB from its wholly-owned subsidiaries, Guangyuan Zhongfu and Guangyuan Linfeng, for a lease term of three years [4]. - The company will provide joint liability guarantees for this financing lease, which falls within the approved credit limit for 2026 [4]. Group 3: Subsidiary Financial Overview - Guangyuan Zhongfu, established in March 2019, has total assets of approximately 390.38 million RMB and a net profit of about 24.15 million RMB for the first nine months of 2025 [5][6]. - Guangyuan Linfeng, established in November 2018, has total assets of approximately 270.17 million RMB and a net profit of about 27.53 million RMB for the first nine months of 2025 [7]. Group 4: Impact and Guarantee Status - The financing application aligns with the operational needs of the subsidiaries and is expected to lower financing costs and enhance operational capabilities [8]. - The company currently has no overdue guarantees and maintains a total guarantee amount of 3.05 billion RMB, which is 20.87% of the latest audited equity attributable to the parent company [8].

Core Viewpoint - The company plans to apply for a comprehensive credit limit of up to 4 billion RMB for the year 2026 to support various financing needs, including working capital loans and debt restructuring [1][2]. Group 1: Credit Application Overview - The company and its subsidiaries will apply for a total credit limit not exceeding 4 billion RMB for 2026, which will be used for various financial activities such as working capital loans, acquisition loans, and supply chain financing [1]. - The credit application was approved during the board meeting and the shareholders' meeting held on November 19 and December 5, 2025 [1]. Group 2: Guarantee and Collateral Details - The credit may involve guarantees provided by the company and its subsidiaries, including mutual guarantees among subsidiaries and the use of assets for collateral [2]. - The authorization for the credit limit is valid from January 1, 2026, to December 31, 2026, and the credit limit can be reused within this period [2]. Group 3: Specific Credit Usage - On January 27, 2026, the company received applications from its wholly-owned subsidiaries for a financing lease of 300 million RMB, with a lease term of three years [4]. - The company will provide joint liability guarantees for this financing lease, which falls within the approved credit limit for 2026 [4]. Group 4: Subsidiary Financial Overview - Guangyuan Zhongfu High-Precision Aluminum Material Co., Ltd. has total assets of 390.38 million RMB and net assets of 265.42 million RMB as of September 30, 2025, with a net profit of 24.15 million RMB for the first nine months of 2025 [5]. - Guangyuan Linfeng Aluminum Electric Co., Ltd. has total assets of 270.17 million RMB and net assets of 140.68 million RMB as of September 30, 2025, with a net profit of 27.53 million RMB for the first nine months of 2025 [6]. Group 5: Impact on the Company - The financing applications from the subsidiaries align with their operational needs and are expected to lower financing costs and enhance operational capabilities [6]. - The company has no overdue guarantees and maintains a stable financial position with a total guarantee amount of 3.05 billion RMB, which is 20.87% of the latest audited equity attributable to the parent company [7][8].