安宁股份：重大资产购买资金来源及支付安排合理性被问询

Core Viewpoint - Anning Co., Ltd. (002978.SZ) responded to the Shenzhen Stock Exchange's inquiry regarding the funding sources and payment arrangements for a significant asset purchase valued at 650,768.80 million yuan [1] Funding Sources and Payment Arrangements - The company will pay a total of 369,829.54 million yuan to acquire 100% equity of the target company, with the equity transfer contingent upon the payment [1] - Prior to the transfer of equity, the target company's investors will not be able to access the equity value [1] - The payment for the transaction will be made to the administrator's account, ensuring that the funds are managed and supervised by the administrator and the court, preventing issues with equity transfer after full payment [1] Financial Position - As of August 12, 2025, the company reported available funds of 3.26 billion yuan, with anticipated merger loans not exceeding 3 billion yuan and shareholder loans not exceeding 1 billion yuan [1] - The company has accounted for its daily operational funding needs through self-owned funds, merger loans, and shareholder loans, estimating a total available scale exceeding the required payment for the restructuring investment of approximately 1 billion yuan, thus leaving room for daily funding needs [1]