Hongxin Electronics announced that the company held the second meeting of the 5th board of directors on December 10 and agreed that the actual controller Li Qiang would increase the guarantee amount of no more than 650 million yuan for the business operations of the company and its holding subsidiaries. The period of use is 12 months from the date of review and approval by the board of directors. There are various types of guarantees, which are pro bono guarantees. Li Qiang is the actual controller, chairman, and general manager of the company. The transaction constitutes a related transaction and is exempt from submission to the shareholders' meeting for consideration. From the beginning of the year to the disclosure date, in addition to his daily salary, Li Qiang has secured the company's financing of RMB 1,073.385,500, accounting for the estimated amount of RMB 952.47,800 for 2025.

Hongxin Electronics announced that the company held the second meeting of the 5th board of directors on December 10 and agreed that the actual controller Li Qiang would increase the guarantee amount of no more than 650 million yuan for the business operations of the company and its holding subsidiaries. The period of use is 12 months from the date of review and approval by the board of directors. There are various types of guarantees, which are pro bono guarantees. Li Qiang is the actual controller, chairman, and general manager of the company. The transaction constitutes a related transaction and is exempt from submission to the shareholders' meeting for consideration. From the beginning of the year to the disclosure date, in addition to his daily salary, Li Qiang has secured the company's financing of RMB 1,073.385,500, accounting for the estimated amount of RMB 952.47,800 for 2025.