Yunnan Germanium(SZ:002428) Zheng Quan Zhi Xing·2025-06-13 11:15Core Viewpoint - The company has approved a financial assistance agreement with its major shareholder, Yunnan Dongxing Industrial Group Co., Ltd., for a total amount not exceeding 65 million RMB, with a term of up to 2 years and an annual interest rate of 3.00% [1][9]. Summary by Sections 1. Overview of Related Transactions - The company has previously received financial assistance from Dongxing Group, which has been fully repaid. The current agreement allows for a new financial assistance of up to 65 million RMB, with a borrowing period of up to 2 years and an annual interest rate of 3.00% [1][4]. 2. Details of the Related Party - Yunnan Dongxing Industrial Group Co., Ltd. is a major shareholder holding over 5% of the company's shares. The chairman of Dongxing Group, Bao Wendong, is also the chairman of the company, establishing a related party relationship [2][3]. 3. Financial Assistance Agreement - The financial assistance agreement stipulates that the funds will be used for operational liquidity, with the company allowed to borrow in installments within the approved limit. The interest rate is aligned with the one-year Loan Prime Rate (LPR) published by the People's Bank of China [4][8]. 4. Impact on the Company - The financial assistance is intended to support the company's operational needs and is considered a normal business transaction. The agreement is expected to positively impact the company's ability to achieve its operational goals and maximize shareholder value [5][8]. 5. Approval Process - The agreement was approved by the company's board of directors, with related directors abstaining from the vote to ensure compliance with regulations. The independent directors and supervisory board have also expressed their agreement with the transaction, confirming that it does not harm the interests of the company or its minority shareholders [7][9].