南天信息: 关于子公司开展应收账款无追索权保理业务的公告

Core Viewpoint - The company, Yunnan Nantian Electronic Information Industry Co., Ltd., has approved its subsidiary, Beijing Xinglian Nantian Technology Co., Ltd., to engage in non-recourse factoring of accounts receivable up to RMB 800 million to enhance cash flow and operational efficiency [1][2][3] Group 1: Factoring Business Overview - The factoring business involves non-recourse factoring of accounts receivable generated from daily operations of the subsidiary [2][5] - The total factoring limit is set at a maximum of RMB 800 million, with a validity period not exceeding 12 months from the board's approval date [2][5] - The fee rate for the factoring services will be negotiated based on market rates [5] Group 2: Impact on the Company - Engaging in this factoring business is expected to shorten the accounts receivable collection period, accelerate cash turnover, and improve the efficiency of fund utilization [2][6] - The board and supervisory committee have both expressed that this decision aligns with the company's operational realities and development plans, benefiting the overall interests of the company and its shareholders [6][7] Group 3: Company and Partner Information - The factoring partner, Shanghai Banghui Commercial Factoring Co., Ltd., is not related to the company and is not listed as a dishonest executor [2][4] - The company holds a 51% stake in the subsidiary involved in the factoring business [1]