Morn(SZ:002451) Zheng Quan Zhi Xing·2025-08-29 09:25Financial Assistance Overview - The company has approved an increase in the financial assistance limit to its subsidiary, Moen New Energy, by up to RMB 200 million to reduce overall financing costs and alleviate the subsidiary's financing difficulties [1][2] - The interest rate for the loan will be based on the prevailing rates for similar bank loans, and the term will last until the next shareholders' meeting [1] Financial Assistance Progress - To ensure the performance of the loan agreement, the company has signed a guarantee contract with Mr. Wenze Hong, who holds a 49% stake in Moen New Energy, providing joint liability guarantee for the repayment of the loan [2] Risk Control Measures - The total amount of financial assistance provided to Moen New Energy has not exceeded the limit approved by the shareholders' meeting, and the company can effectively manage the subsidiary's operations and finances [2][3] - The company will monitor Moen New Energy's operational management, assets, liabilities, and fund usage to mitigate risks and ensure the safety of its funds [3] Cumulative Financial Assistance Amount - As of the announcement date, the total financial assistance provided by the company amounts to RMB 287.22 million, which represents 37.55% of the company's most recent audited net assets [3]