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. (referred to as "Langxin Yue") is a subsidiary of Nanjing Public Development Co., Ltd. and is primarily engaged in the development and sales of the NO.2017G62 project in Jiangning, Nanjing [2] - The shareholding structure of Langxin Yue includes 45% held by Nanjing Zhongbei Shengye Real Estate Development Co., Ltd., 30% by Nanjing Langfu Real Estate Co., Ltd., and 25% by Jiangsu Lode Equity Investment Fund Management Co., Ltd. [2][8] 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 an additional 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 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 for the year [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 Status - Due to market fluctuations, Langxin Yue was unable to repay the financial assistance by the due date of May 28, 2024, with an outstanding balance of 140.96 million yuan [6] - In July 2025, Langxin Yue repaid 5 million yuan, leaving an outstanding balance of 135.96 million yuan [6] Financial Assistance Risk and Management - The company has implemented strict management measures for financial assistance, closely monitoring the financial status of recipients and taking legal actions if necessary to recover overdue amounts [10] - The total balance of financial assistance provided by the company stands at 808.15 million yuan, representing 29.75% of the latest audited net assets [11]