SRBC(SH:600039) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-09-23 08:36Core Points - The company approved a financial assistance proposal for its wholly-owned subsidiary to provide a loan to its controlling subsidiary [1] - The loan amount is capped at 320.86 million yuan with a term of three years and an interest rate not exceeding the loan market quotation rate [1] - The specific loan agreement between the subsidiaries has been signed, detailing a loan of 30.16 million yuan at a fixed annual interest rate of 2.80% [1][2] Loan Details - Loan Amount: 30.16 million yuan [1] - Loan Term: Three years [1] - Interest Rate: Fixed at 2.80% per annum [1][2] Repayment and Default Terms - Repayment priority is given to the loan from the subsidiary's future receipts after settling bank loan principal and interest [3] - Default penalties include additional interest charges based on the duration of the delay, ranging from 5% to 30% depending on the overdue period [3][4] Legal and Contractual Aspects - The contract is governed by the Civil Code of the People's Republic of China, with disputes to be resolved through negotiation or litigation in the local court [3][4] - The agreement becomes effective upon signature and seal by both parties and will automatically expire once the loan principal and interest are fully repaid [4]