Group 1 - The core point of the announcement is that the company New Cheng Kaiyuan has entered into a loan extension agreement for a bank loan originally due in 2021, extending the repayment date to January 4, 2033, to manage potential risks associated with the joint venture [1][2] - The joint venture, Nanjing Guoying Zhongxi Construction, has an outstanding principal amount of approximately RMB 423 million under the extended loan [1] - The loan extension is seen as a proactive measure to manage risks and improve the financial and operational efficiency of the joint venture, allowing for better financial management and reducing pressure on the group's financial performance [2][3] Group 2 - The financial support provided through the loan extension will help maintain the stable operation of the international school, which is leased by the joint venture, ensuring continuity in educational activities [3] - The board believes that maintaining the operation of the international school aligns with the company's social responsibility as a state-owned enterprise and helps secure stable rental income for the joint venture [3] - The joint venture is actively implementing measures to optimize its operational and financial capabilities, including improving property operational efficiency, strict cost control, and exploring asset disposal options [2]
中国新城镇附属新成开元为南京国英中西建设的展期贷款提供担保