Shang Hai Zheng Quan Bao·2025-09-29 21:29Group 1 - The company held its seventh temporary board meeting of the eighth session on September 29, 2025, with all nine directors present, confirming the legality and validity of the meeting [2] - The board approved a resolution to engage in financing leasing business to enhance asset liquidity and expand financing channels, with a financing amount not exceeding RMB 80 million and a lease term of up to 36 months [2][8] - The financing leasing will involve the company leasing part of its machinery and equipment back from Chengtai Financing Leasing (Tianjin) Co., Ltd., allowing the company to continue using the equipment during the lease period [8][13] Group 2 - Chengtai Financing Leasing (Tianjin) Co., Ltd. is a wholly foreign-owned enterprise with a registered capital of RMB 1 billion, established on August 30, 2022, and does not have any related party relationships with the company [9][10] - The leased assets are classified as fixed assets, and ownership will remain with the company until the lease term ends, at which point ownership will transfer back to the company after settling all debts [11][12] - The financing leasing arrangement is expected to improve asset utilization and provide long-term funding support for the company's operations without affecting its normal business activities [13]