DS CULTURE(SH:600892) Shang Hai Zheng Quan Bao·2025-07-28 20:41Core Viewpoint - The company intends to apply for a loan of up to RMB 130 million from its controlling shareholder, Tangshan Cultural Tourism Investment Group Co., Ltd, to meet its operational funding needs [5][15]. Group 1: Loan Application Details - The loan amount of up to RMB 130 million will have a borrowing rate not exceeding the market loan quotation rate, and no collateral is required from the company or its subsidiaries [5][15]. - The loan application has been approved by the company's board and supervisory committee and is pending approval from the shareholders' meeting [8][34]. - The loan will be valid for 12 months from the date of approval by the shareholders' meeting and can be used in single or multiple draws within the approved limit [6][15]. Group 2: Previous Loan History - The company has previously applied for loans from the controlling shareholder, totaling RMB 170 million, which includes amounts approved in 2024 and 2025 [10][14]. - The previous loans were also aimed at supplementing the company's working capital and were approved through the necessary internal decision-making processes [7][9]. Group 3: Shareholders' Meeting - The company has scheduled its first extraordinary shareholders' meeting for 2025 on August 13, 2025, to discuss the loan application and other matters [18][21]. - The meeting will be conducted both in-person and via an online voting system, allowing shareholders to participate remotely [19][20].