Shang Hai Zheng Quan Bao·2025-09-29 20:47Group 1 - The company announced the extension of a related party entrusted loan of 5.4 million yuan for an additional year at an interest rate of 2.55% due to the lack of capital increase plans by its subsidiary [2][7] - The loan was initially approved for a 12-month term and was provided by the controlling shareholder, Harbin Electric Group, through its financial subsidiary [2][3] - The extension of the loan does not require further approval as per the company's board resolution and does not constitute a major asset restructuring [3] Group 2 - Harbin Electric Group, the controlling shareholder, has total assets of 90.73 billion yuan and net assets of 25.95 billion yuan as of June 30, 2025, with a revenue of 25.17 billion yuan and a net profit of 1.18 billion yuan for the first half of 2025 [4] - Harbin Electric Group Financial Company, the financial subsidiary, has total assets of 24.145 billion yuan and net assets of 2.638 billion yuan as of June 30, 2025, with a revenue of 172 million yuan and a net profit of 95 million yuan for the first half of 2025 [5] Group 3 - The total amount of related party transactions with the controlling shareholder and its subsidiaries for the year to date is 68.9716 million yuan, including the current transaction [8]