On August 28, 2024, UBTECH ROBOTICS announced its plan to apply for a bank credit of up to 1,100 million yuan to support business expansion. The approval will be sought at the extraordinary shareholders' meeting on September 12, 2024. The credit arrangement involves multiple banks, including the Industrial Bank, Shenzhen Branch. In addition, the company has provided guarantees to its subsidiary companies totaling 4,550 million yuan, exceeding 30% of the total assets audited in the most recent period, and plans to provide further guarantees at the same shareholders' meeting. The company also proposes to amend its articles of association to reflect the increase in registered capital due to the general authorization for the issuance of new H-shares. The board of directors believes that the aforementioned credit arrangement, guarantee arrangement, and amendment to the articles of association are in line with the overall interests of the company and shareholders.

On August 28, 2024, UBTECH ROBOTICS announced its plan to apply for a bank credit of up to 1,100 million yuan to support business expansion. The approval will be sought at the extraordinary shareholders' meeting on September 12, 2024. The credit arrangement involves multiple banks, including the Industrial Bank, Shenzhen Branch. In addition, the company has provided guarantees to its subsidiary companies totaling 4,550 million yuan, exceeding 30% of the total assets audited in the most recent period, and plans to provide further guarantees at the same shareholders' meeting. The company also proposes to amend its articles of association to reflect the increase in registered capital due to the general authorization for the issuance of new H-shares. The board of directors believes that the aforementioned credit arrangement, guarantee arrangement, and amendment to the articles of association are in line with the overall interests of the company and shareholders.