NEW POWER(SZ:300152) Zheng Quan Zhi Xing·2025-08-25 17:26Core Viewpoint - The company has reported significant non-operating fund occupation and financial assistance among its subsidiaries, indicating potential liquidity issues and inter-company financial dependencies [2][3][4]. Summary by Relevant Sections Non-Operating Fund Occupation - The total non-operating fund occupation amounts to 55,168.58 million, with a cumulative annual occupation of 9,443.13 million and a half-year occupation of 36,581.97 million [4]. - The company has various subsidiaries involved in non-operating fund occupations, including significant amounts from subsidiaries like Xuzhou Kairong and Beijing Kairong [3][4]. Financial Assistance - Financial assistance provided to subsidiaries includes amounts such as 4,294.74 million from Xiong'an Kairong Intelligent Environmental Protection and 18,833.54 million from Kairong (Nanjing) Ecological Resource Development [2][3]. - The financial assistance indicates a reliance on inter-company funding, with some subsidiaries showing substantial receivables and payables [3][4]. Related Party Transactions - The company has multiple related party transactions, with significant amounts recorded under other receivables and payables, highlighting the interconnected financial relationships among its subsidiaries [3][4]. - The nature of these transactions is primarily non-operating, which raises concerns about the sustainability of these financial practices [4].