农发种业: 中农发种业集团股份有限公司关于向控股子公司河南地神提供借款的公告

Core Points - The company plans to provide a loan of 200 million RMB to its subsidiary, Henan Dishen Seed Industry Co., Ltd., with a maximum loan term of 12 months and an annual interest rate of 3% [1][2][4] - The loan aims to support Henan Dishen's operations and development, specifically for the acquisition of wheat seeds and specialized order grain business [1][2][3] - The board of directors has approved the loan, and it does not require shareholder approval under relevant regulations [1][2] Loan Details - The total loan amount is 200 million RMB, which can be disbursed in batches, with each batch having a maximum term of 12 months [1][3] - The loan will be used for purchasing agricultural seeds and conducting specialized grain business [3] - The company will monitor Henan Dishen's financial status and repayment ability to mitigate risks associated with the loan [4][5] Subsidiary Information - Henan Dishen Seed Industry Co., Ltd. has a registered capital of 100 million RMB and is primarily engaged in agricultural seed production and trade [2][3] - As of December 31, 2024, Henan Dishen's total assets were approximately 695.62 million RMB, with total liabilities of about 313.23 million RMB and a net profit of approximately 47.88 million RMB [2][3] Board Opinion - The board believes that the loan will enhance Henan Dishen's liquidity and promote its operational growth, with manageable risks [4][5] - The company will maintain control over Henan Dishen's operations and financial usage during the loan period [4][5]