南京公用发展股份有限公司关于收回对外财务资助部分款项的公告

Financial Assistance Overview - Nanjing Langxin Yue Real Estate Co., Ltd. is a subsidiary of Nanjing Public Development Co., Ltd., with a shareholding structure involving Nanjing Zhongbei Shengye Real Estate Development Co., Ltd. (45%), Nanjing Langfu Real Estate Co., Ltd. (30%), and Jiangsu Lode Equity Investment Fund Management Co., Ltd. (25%) [2][8] - The main business of Langxin Yue is the development and sales of the NO.2017G62 project in Jiangning, Nanjing [2] Financial Assistance Details - In November 2017, Nanjing Zhongbei Shengye provided financial assistance of up to 708.75 million yuan (annual interest rate of 8%) to Langxin Yue for the initial phase of the NO.2017G62 project, with a term of 36 months [3] - In October 2020, the financial assistance was extended for 18 months without interest, approved by the board and shareholders [4] - In May 2022, the financial assistance was further extended for 24 months, also without interest, until May 28, 2024 [5] Current Financial Status - As of May 2024, Langxin Yue has an outstanding financial assistance balance of 140.96 million yuan that has not been repaid due to underperformance in project returns [6] - As of December 31, 2024, Langxin Yue reported total assets of 123.72 million yuan, total liabilities of 296.97 million yuan, and a net loss attributable to the parent company of 16.93 million yuan [9] - As of June 30, 2025, total assets were 116.23 million yuan, total liabilities were 289.74 million yuan, and a net loss of 0.26 million yuan was recorded for the first half of 2025 [9] Repayment Progress - Recently, Nanjing Zhongbei Shengye received a partial repayment of 5 million yuan from Langxin Yue, leaving an outstanding balance of 135.96 million yuan, which constitutes 5.01% of the company's audited net assets for 2024 [9]