HPEC(SH:600312) Shang Hai Zheng Quan Bao·2025-10-21 19:43Core Viewpoint - The company, Henan Pinggao Electric Co., Ltd., has announced its acceptance of a entrusted loan of 33.2 million yuan from its controlling shareholder, China Electric Equipment Group Co., Ltd., to support its operations and enhance its research and development capabilities [15][16][27]. Financial Data - The third quarter financial report for 2025 has been approved by the board and reflects the company's operational status and financial condition accurately [10][34]. - The company reported a non-audited financial statement for the third quarter, indicating that the financial data is subject to further review [3][7]. Shareholder Information - The controlling shareholder, China Electric Equipment Group, holds 41.42% of the company's shares, and the loan transaction is classified as a related party transaction [17][15]. Loan Details - The entrusted loan amounts to 33.2 million yuan with a loan term of three years and an interest rate of 2.3%, which is in line with the market rate [15][25]. - The funds will be utilized for relevant research projects and may be converted into equity investment if conditions permit [26][27]. Approval Process - The loan agreement has been reviewed and approved by the independent directors, the board of directors, and the supervisory board, ensuring compliance with legal and regulatory requirements [29][30][31].