Core Viewpoint - The company plans to conduct a non-recourse accounts receivable factoring business with a maximum amount of RMB 2.3 billion to improve cash flow and operational efficiency [2][11][12]. Group 1: Transaction Overview - The company intends to engage with commercial banks and factoring companies for the factoring business [5]. - The accounts receivable to be factored are free from any pledges, disputes, or legal actions [6]. - The total factoring amount will not exceed RMB 2.3 billion [7]. - The factoring will be conducted on a non-recourse basis, meaning the company will not be liable for uncollected amounts [8]. - The usage period for the factoring limit is 12 months from the board's approval date [9]. Group 2: Purpose and Impact - The factoring business aims to accelerate accounts receivable collection, enhance capital turnover efficiency, and improve the company's financial structure and cash flow [11]. - The transaction is not expected to negatively impact the company's financial status or operational results [12]. Group 3: Implementation and Approval Process - The board of directors has authorized the management to make decisions regarding the specific execution of the factoring business within the approved limits [13]. - The board and supervisory committee have reviewed and approved the proposal for the factoring business [14][15].
双良节能系统股份有限公司 关于开展无追索权应收账款保理业务的公告