TC(SH:603085) Shang Hai Zheng Quan Bao·2025-10-28 21:46Core Viewpoint - The company has approved the establishment of an asset pool business to enhance the efficiency of its financial assets and reduce funding costs, with a total amount not exceeding RMB 80 million [7][8][12]. Financial Data - The third-quarter financial statements are unaudited, and the report period refers to the three months from the beginning to the end of the quarter [3][6]. - The company has not reported any significant changes in major accounting data and financial indicators [5]. Asset Pool Business Overview - The asset pool business aims to provide a comprehensive financial service platform for managing and utilizing financial assets, including deposits, bonds, funds, and receivables [8][14]. - The business will involve cooperation with reputable commercial banks that are not related to the company [9]. Purpose of Asset Pool Business - The asset pool will allow the company to convert less liquid receivables into working capital, improving profitability and solvency [14]. - The funds obtained through pledging assets can be used for reinvestment and expansion, thereby enhancing the company's financial condition [14]. Risk Management - The company has outlined measures to control liquidity risks associated with the asset pool business, including tracking and managing receivables and ensuring timely audits [15][19]. Decision-Making Process - The board of directors has authorized the chairman or their designee to make decisions regarding the asset pool business, including selecting banks and determining specific limits and guarantees [16][18]. Shareholder Meeting - A temporary shareholder meeting is scheduled for November 13, 2025, to discuss and vote on the asset pool business and other related matters [21][23].