Core Viewpoint - The company has approved a credit limit application to Hengfeng Bank for operational funding needs, amounting to a maximum of RMB 100 million with a one-year term [1] Group 1 - The company held its 13th (temporary) meeting of the 6th Board of Directors on October 13, 2025 [1] - The board approved the proposal for the company to apply for a credit limit from Hengfeng Bank, Changsha Branch [1] - The final guarantee method and limit will be subject to the bank's actual approval [1] Group 2 - The credit limit application is aimed at meeting the company's operational funding requirements [1] - The approved credit limit is not to exceed RMB 100 million [1] - The credit limit has a maximum term of one year [1]

Group 1 - The company has provided a guarantee of up to RMB 250 million to Ganzhou Bank Co., Ltd. Qingshan Lake Branch [1] - This guarantee aims to ensure that the company's wholly-owned subsidiary, Zhonggan Communication (Group) Co., Ltd., fulfills its obligations under the financing agreement signed with the bank [1] - The financing agreement is expected to provide additional financial resources for the company's business operations, enhancing cash flow management and addressing uncertainties in both global and local economies [1]

Core Viewpoint - Yunnan Watson Bio-Tech Co., Ltd. plans to apply for credit limits from several banks to support its business development and daily operational needs, aiming to expand financing channels and reduce funding costs [1][2]. Summary by Sections Credit Limit Application Overview - The company and its subsidiaries, Yuxi Watson Bio-Tech Co., Ltd. and Yuxi Zerun Bio-Tech Co., Ltd., intend to apply for credit limits from China Construction Bank, China Merchants Bank, Agricultural Bank of China, China Everbright Bank, Yunnan Hongta Bank, Citic Bank, and Industrial Bank [1]. - The credit will be used for research and development, production, sales, and daily operational expenses [1][2]. - The proposed credit limits and terms are detailed in a table, indicating that the credit will be unsecured and based on the company's creditworthiness [1][2]. Board of Directors' Opinion - The board agrees with the subsidiaries' need for credit to support their operational requirements, emphasizing that the credit will be used for normal business activities and will not harm the interests of shareholders, especially minority shareholders [2]. Supervisory Board's Opinion - The supervisory board supports the credit application, stating that the funds will facilitate production and operational efficiency, aligning with the company's normal funding needs [2].