Beidou Xingtong announced that the company provided a 5.463 million yuan joint liability guarantee for the 30 million yuan bank credit line applied for by the affiliated shareholding company Beidou Zhilian Technology Co., Ltd., accounting for 0.1% of the company's 2023 audited net assets. A “maximum guarantee contract” has been signed with Minsheng Bank for this guarantee, which is mainly used for daily business turnover. Beidou Zhilian was founded on June 28, 2019, with a registered capital of 0.748 billion yuan. Its main business includes the development, production and sales of electronic products for intelligent connected vehicles.