Zheng Quan Zhi Xing·2025-03-25 13:44Core Viewpoint - The report summarizes the financial transactions between CIMC Vehicles (Group) Co., Ltd. and CIMC Financial Co., Ltd. for the year 2024, including deposits and loans, and confirms the accuracy and completeness of the financial information presented in the summary table [1][2]. Group 1: Financial Overview - The report includes a summary table detailing the financial transactions between CIMC Vehicles and CIMC Financial, highlighting the amounts involved in deposits and loans for the year 2024 [6][9]. - The total deposits at CIMC Financial at the beginning of the year were 668.55 million RMB, with an increase of 1,071.72 million RMB and a decrease of 1,117.92 million RMB, resulting in an ending balance of 206.46 million RMB [8]. - The company borrowed a total of 120.95 million RMB from CIMC Financial, with an increase of 47.06 million RMB and a decrease of 131.67 million RMB, leading to an ending balance of 36.34 million RMB [8]. Group 2: Agreements and Frameworks - CIMC Vehicles entered into a deposit service framework agreement with CIMC Financial on September 29, 2021, which was renewed on December 20, 2024, extending its validity until December 31, 2027 [9]. - The loan financial service framework agreement was established on April 26, 2022, and was also renewed on December 20, 2024, valid until December 31, 2027 [9][10]. - The interest rates for deposits and loans are stated to be competitive with those offered by other financial institutions under similar conditions [9][10].