Summary of Key Points Core Viewpoint - Shenzhen Yibo Technology Co., Ltd. has provided a guarantee for its wholly-owned subsidiary Zhuhai Yishengshun Electronics Co., Ltd. to secure a bank loan, reflecting the company's commitment to support its subsidiaries and manage financial risks effectively [1][3]. Group 1: Guarantee Overview - The company approved a guarantee for Zhuhai Yishengshun to apply for a bank credit line not exceeding RMB 600 million, with the guarantee provided in proportion to the company's investment [1]. - The guarantee includes various forms such as surety, pledge, and counter-guarantee, with the actual amount depending on the bank's agreements with the subsidiary [1]. Group 2: Loan Agreement Details - On June 17, 2024, Zhuhai Yishengshun signed a loan agreement with Bank of China Zhuhai Branch for RMB 450 million, with a term of 96 months [2]. - The company signed a general guarantee contract to cover 67.7652% of the debt obligations under the loan agreement [2]. Group 3: Progress of Guarantee - As of April 2, 2025, Zhuhai Yishengshun became a wholly-owned subsidiary of the company, leading to a change in the guarantee agreement to cover 100% of the debt obligations [3]. - The changes to the guarantee agreement were approved by the company's board meetings, and no further shareholder approval was required [4]. Group 4: Financial and Operational Information - Zhuhai Yishengshun was established on August 17, 2018, with a registered capital of RMB 230.8 million, focusing on the production of electronic components and related technologies [5]. - The company holds 100% equity in Zhuhai Yishengshun, which has a good credit status and is not listed as a dishonest executor [5]. Group 5: Guarantee Agreement Content - The guarantee agreement specifies that the company acts as the guarantor for the loan, with the main creditor being Bank of China Zhuhai Branch [6]. - The guarantee is a joint liability guarantee covering all debts, including principal, interest, penalties, and other related costs [7]. Group 6: Cumulative Guarantee Amount - The total amount of guarantees provided by the company for its subsidiaries is RMB 500.3157 million, accounting for 22.92% of the company's audited net assets for 2024 [9]. - As of the announcement date, the company has no overdue guarantees or guarantees involved in litigation [9].