YSDZ(SZ:002289) Zheng Quan Zhi Xing·2025-07-14 16:27Group 1 - The company plans to borrow RMB 1.7 billion from its controlling shareholder, Shanghai Fengwang Industrial Co., Ltd., for a term of 36 months at the prevailing loan interest rate set by the People's Bank of China [1][4] - The independent directors unanimously approved the proposal to borrow from the controlling shareholder, with no votes against or abstentions [2][7] - The total amount of various related transactions with Shanghai Fengwang since the beginning of the year until the announcement date is RMB 63.8 million [4][6] Group 2 - Shanghai Fengwang holds 29.99% of the company's total shares and is classified as a related party under the Shenzhen Stock Exchange's regulations [1][3] - As of June 30, 2025, Shanghai Fengwang reported total assets of RMB 334.39 million and a net asset deficit of RMB 1.58 million [3] - The borrowing agreement does not require the company to provide any collateral or guarantees, ensuring a fair and reasonable transaction that does not harm the interests of the company or its shareholders [4][7]