Core Viewpoint - The company has approved a proposal to provide a entrusted loan of 120 million yuan to Zhonghui City for purchasing raw materials, aiming to enhance capital efficiency while managing associated risks [1] Financial Details - The entrusted loan amount is 120 million yuan with a term of 12 months and an annual interest rate of 5% [1] - The total financial assistance balance after this loan will account for 4.96% of the most recent audited net assets [1] Borrower Information - Zhonghui City is 100% owned by Zaozhuang Financial Holdings Group and has a credit rating of AA+ [1] - In 2024, Zhonghui City reported revenue of 1.266 billion yuan and a net profit of 81.4489 million yuan [1] Risk Management - The loan is secured by a joint liability guarantee from Caihui Holdings and collateral in the form of real estate and land use rights [1] - The company previously provided a loan of the same amount to Zhonghui City in 2024, which was repaid ahead of schedule [1]
泰和科技拟1.2亿委托贷款给中汇城市,年利率5%