GPTY(SZ:000545) Zheng Quan Zhi Xing·2025-07-18 16:23Financial Assistance Overview - The company approved a financial assistance plan for its subsidiary, Nanjing Jinpu Yingsa Synthetic Rubber Co., Ltd., amounting to a maximum of 64.92 million RMB, with a one-year term and an interest rate of 7% [1][2] - The financial assistance is primarily intended to supplement the working capital required for the subsidiary's daily production operations [1] Financial Assistance Progress - Recently, the company provided 12.5 million RMB in financial assistance to the subsidiary, with the same one-year term and interest rate of 7%, formalized through a loan agreement [2] Basic Information of the Assisted Entity - Nanjing Jinpu Yingsa engages in the sales and trade of chemical products, including but not limited to butadiene, acrylonitrile, and rubber additives [2] - The total assets of the subsidiary as of March 31, 2025, were approximately 562.76 million RMB, with total liabilities of about 290.37 million RMB and total equity of approximately 272.38 million RMB [2] Loan Agreement Key Points - The loan amount is set at 12.5 million RMB, with the borrower being Nanjing Jinpu Yingsa and the lender being Jinpu Titanium Industry Co., Ltd. [3] - The loan interest will be calculated from the actual withdrawal date and is payable along with the principal at maturity [3][4] Board of Directors' Opinion - The board believes that the financial assistance will ensure the normal operational funding needs of the subsidiary, which has a good repayment capability [4] - The financial assistance is deemed to have controllable risks and will not adversely affect the company's normal operations [4] Cumulative Financial Assistance Provided - As of the announcement date, the total financial assistance provided by the company amounts to 64.92 million RMB, representing 4.65% of the company's audited net assets as of December 31, 2024 [5]