According to Qiangrui Technology's announcement, due to the increase in capital requirements due to the growth of the daily operations of the company Kunshan Qiangrui and Guorui Automation, they each signed a credit agreement of up to 12 million yuan with China Merchants Bank. The company simultaneously issued a “maximum irrevocable guarantee” to assume joint and several guarantees, and other shareholders did not bear them at the same time. As of the disclosure date of the announcement, the company and its subsidiaries provided financial institution financing guarantees of 600 million yuan and 400 million yuan respectively for insured persons with a balance ratio of 70% or less, and the signed amounts were 232 million yuan and 219.5 million yuan respectively; the business guarantee amounts were 50 million yuan and 100 million yuan respectively. The signed amounts were 0 yuan and 20 million yuan respectively, with no overdue external guarantees.

According to Qiangrui Technology's announcement, due to the increase in capital requirements due to the growth of the daily operations of the company Kunshan Qiangrui and Guorui Automation, they each signed a credit agreement of up to 12 million yuan with China Merchants Bank. The company simultaneously issued a “maximum irrevocable guarantee” to assume joint and several guarantees, and other shareholders did not bear them at the same time. As of the disclosure date of the announcement, the company and its subsidiaries provided financial institution financing guarantees of 600 million yuan and 400 million yuan respectively for insured persons with a balance ratio of 70% or less, and the signed amounts were 232 million yuan and 219.5 million yuan respectively; the business guarantee amounts were 50 million yuan and 100 million yuan respectively. The signed amounts were 0 yuan and 20 million yuan respectively, with no overdue external guarantees.