Group 1 - China Jinmao (00817) announced a framework agreement on July 31, 2025, where its indirect non-wholly owned subsidiary Shanghai Baoyang will provide loans to its shareholders Suzhou Tengmao, Shanghai Baoye, and Shanghai Yangxing based on their shareholding ratios [1] - The maximum daily balance of loans provided by Shanghai Baoyang to Shanghai Baoye and Shanghai Yangxing is expected to be RMB 626 million and RMB 1.75 billion, respectively [1] - The board believes that providing loans will reduce idle cash reserves, optimize resource allocation, and enhance capital utilization to meet the group's development and financial needs for other projects [1] Group 2 - The financial capital department of the company will work with Shanghai Baoyang to determine the loan amounts and terms based on its financial condition, ensuring that the terms are consistent for all parties involved [2] - Specific loan agreements will be submitted to the company's audit and legal department to ensure compliance with the framework agreement [2]
中国金茂：上海宝杨拟按持股比例向苏州腾茂、上海宝冶及上海杨行提供贷款