lu'an EED(SH:601699) Shang Hai Zheng Quan Bao·2025-08-28 10:09Group 1: Financial Assistance to Subsidiaries - The company plans to provide financial assistance totaling 126,801,522.26 yuan to its subsidiaries, Shanxi Lu'an Huaneng Shangzhuang Coal Industry Co., Ltd. and Shanxi Lu'an Group Puxian Houbao Coal Industry Co., Ltd. [3][11] - The financial assistance will be in the form of entrusted loans or internal borrowing, with a term of one year and an interest rate of 3.1% [3][11]. - The assistance is aimed at ensuring the operational needs of the subsidiaries, with 113,143,900 yuan allocated for working capital and 13,657,622.26 yuan for project payments [3][11]. Group 2: Closure of Subsidiary Mine - Shanxi Lu'an Group Puxian Xidong Coal Industry Co., Ltd. is set to close its mine due to resource depletion, with a production capacity of 600,000 tons per year [17][18]. - The closure is in line with the Shanxi provincial government's policy to optimize coal mine capacity and is based on safety and economic considerations [18][21]. - The closure is expected to reduce the company's losses and improve overall operational efficiency, although it will also lead to a reduction in total production capacity [22].