YYTH(SH:600096) Zheng Quan Zhi Xing·2025-06-24 16:28Core Viewpoint - Yunnan Yuntianhua Co., Ltd. is proposing to renew financial service agreements with its controlling shareholder, Yunnan Yuntianhua Group Co., Ltd., and its financial subsidiary, aiming to enhance financing channels and reduce costs [8][12]. Group 1: Financial Service Agreement with Yunnan Yuntianhua Group Financial Co., Ltd. - The company plans to renew the financial service agreement with Yunnan Yuntianhua Group Financial Co., Ltd. to broaden financing channels and lower financing costs [8][12]. - The financial company has total assets of CNY 561,950.69 million and a debt total of CNY 442,898.25 million as of March 31, 2025, with a net asset of CNY 119,052.44 million [9]. - The agreement includes various financial services such as deposit services, settlement services, and loan services, with pricing based on fair market rates [10][11]. Group 2: Framework Agreement with Controlling Shareholder - The company intends to sign a framework agreement for daily related transactions with its controlling shareholder, Yunnan Yuntianhua Group, to leverage resources and reduce operational costs [3][5]. - The framework agreement will cover procurement and sales of various goods and services, including chemical raw materials and logistics services [4][5]. - The agreement is set to be effective for three years, ensuring compliance with market pricing principles [5][6]. Group 3: Approval Process - The board of directors approved both agreements with unanimous consent, ensuring compliance with legal and regulatory requirements [6][12]. - Independent directors confirmed that the agreements do not harm the interests of the company or minority shareholders [6][12].