JHSY(SZ:002597) Shang Hai Zheng Quan Bao·2025-10-14 19:59Core Viewpoint - The company has approved a proposal to provide a entrusted loan of 40 million RMB to a local investment company, which is expected to enhance the efficiency of its own capital utilization and positively impact overall operations [1][2][17]. Summary by Sections Loan Proposal Overview - The company will use its own funds to provide a entrusted loan of 40 million RMB to Lai'an County New Industrial Technology Investment Co., Ltd. The loan term will not exceed one year, and the purpose is for daily operational activities [7][9]. - The loan will have a fixed interest rate, with a segmented interest calculation: the first six months at an annualized rate of 4.50% and the subsequent six months at 5.97%, with monthly interest payments and principal repayment at maturity [8][14]. Approval Process - The proposal was reviewed and approved during the fourth meeting of the seventh board of directors, with all nine participating directors voting in favor [4][10]. - The audit committee of the board also approved the proposal, and it does not require submission to the shareholders' meeting [3][10]. Financial and Operational Context - The company is in a stable financial position, and the loan is structured to ensure liquidity and capital safety, thereby improving the efficiency of its own funds [9][17]. - The loan recipient, Lai'an County New Industrial Technology Investment Co., Ltd., has a total asset value of approximately 1.9 billion RMB and a net asset value of about 1.22 billion RMB as of December 31, 2024 [12]. Guarantee and Risk Management - Lai'an County Urban Infrastructure Development Co., Ltd. will provide a joint liability guarantee for the loan [8][13]. - The company has conducted a comprehensive assessment of the loan recipient's asset quality, operational status, and creditworthiness, concluding that it has strong repayment capabilities [17]. Financial Assistance Overview - After this loan, the total financial assistance provided by the company will amount to approximately 41.53 million RMB, representing 0.55% of the company's latest audited net assets [18].