CFT(SH:603685) Shang Hai Zheng Quan Bao·2025-07-31 19:03Core Viewpoint - Zhejiang Chenfeng Technology Co., Ltd. announced that its subsidiary, Jingdezhen Hongyi Electronic Technology Co., Ltd., will receive financial support from related parties, totaling up to RMB 5 billion, to meet operational and loan repayment needs [2][4][24] Financial Support Overview - The financial support consists of loans from related party Haining Qiujing Investment Co., Ltd. and individual He Yanfeng, amounting to RMB 35 million and RMB 15 million respectively, with an interest rate of 3.2% [2][4] - The loan period is from July 31, 2025, to July 30, 2028, and does not require any guarantees from the company or its subsidiaries [3][4] Borrower Information - Jingdezhen Hongyi Electronic Technology Co., Ltd. was established on July 13, 2012, with a registered capital of RMB 12 million [5] - The company operates in the manufacturing and sales of electronic materials, components, and appliances [5] Loan Agreement Details - The first loan agreement involves Haining Qiujing Investment providing up to RMB 35 million, with a loan term of 3 years and interest calculated at 3.2% [7][8] - The second loan agreement involves He Yanfeng providing up to RMB 15 million, with similar terms as the first agreement [12][13] Related Parties Information - Haining Qiujing Investment Co., Ltd. is controlled by He Wenjian, who is a related natural person due to family ties with significant shareholders of the company [17][19] - He Yanfeng is also a related natural person, being the daughter of a significant shareholder [21] Impact on the Company - The financial support is aimed at enhancing the operational efficiency of the subsidiary and supporting its business development [24] - The arrangement is deemed necessary and reasonable, with no adverse effects on the company's independence or the interests of minority shareholders [24]