ZNHI(SZ:002445) Zheng Quan Zhi Xing·2025-06-20 08:22Summary of Key Points Core Viewpoint - The company has approved a financial assistance plan to its subsidiary, Jiangyin Guolian New Energy Co., Ltd., amounting to a maximum of RMB 20 million to support its daily operational funding needs [1][2][5]. Group 1: Financial Assistance Overview - The financial assistance will be provided at a borrowing rate based on the Loan Prime Rate (LPR) and will be disbursed in batches according to actual needs [1][2]. - The financial assistance is valid for 36 months from the date of board approval, with each disbursement having a maximum term of 12 months [1][2]. - The board has authorized the management to handle the necessary procedures and sign relevant legal documents within the approved limit [1][2]. Group 2: Subsidiary Information - Jiangyin Guolian New Energy Co., Ltd. is a limited liability company established on September 5, 2022, with a registered capital of RMB 100 million [2][3]. - The company’s business scope includes power generation, transmission, and distribution, as well as related technical services [2][3]. Group 3: Financial Data of the Subsidiary - As of March 31, 2025, Jiangyin Guolian New Energy reported total assets of RMB 17,143.74 million and total liabilities of RMB 7,975.79 million [3][6]. - The net profit attributable to the parent company for the first quarter of 2025 was RMB 89.18 million, compared to RMB 402.11 million for the entire year of 2024 [3][6]. Group 4: Risk Management and Board Opinion - The board believes that the financial assistance will not adversely affect the company's normal operations or the interests of shareholders, particularly minority shareholders [5][6]. - The company has implemented risk control measures to ensure the safety of funds and that the financial assistance will be used specifically for the intended purpose [5][6]. Group 5: Cumulative Financial Assistance - The total amount of financial assistance provided by the company, including this approval, is RMB 20 million, which represents 0.91% of the latest audited net assets attributable to shareholders [6]. - There are no overdue amounts related to the financial assistance provided [6].