北京首创生态环保集团股份有限公司

Core Viewpoint - Beijing Shouchuang Ecological Environmental Group Co., Ltd. plans to provide a financial assistance of 1.8 billion yuan to its indirect subsidiary, Beijing Shouchuang Environmental Investment Co., Ltd., to support its business development and operational needs [8][9][11]. Financial Assistance Overview - The company intends to offer a loan of 1.8 billion yuan with an interest rate of 4.38% per annum, with a maximum loan term of three years [8][15]. - The financial assistance is aimed at replacing existing loans and supplementing operational funds, with the loan amount to be disbursed in phases based on the subsidiary's funding needs [9][15]. Internal Decision-Making Process - The financial assistance proposal was approved during the company's 2025 annual fourth board meeting held on October 30, 2025, with unanimous support from all 11 attending directors [10][17]. - The proposal is subject to approval at the upcoming shareholders' meeting [25]. Rationale for Financial Assistance - The financial support is designed to meet the operational and funding needs of the subsidiary, ensuring that the company can effectively manage risks associated with this assistance [11][12]. - The company has established a tracking mechanism to monitor the subsidiary's financial health and repayment capacity [16]. Subsidiary's Financial Status - Beijing Shouchuang Environmental Investment Co., Ltd. has a good credit standing and is not listed as a defaulter [13]. - The subsidiary's recent asset-liability ratio exceeds 70%, indicating a need for financial support [10]. Loan Agreement Details - The loan agreement will specify the exact amounts and terms based on the subsidiary's requirements, with each loan not exceeding three years from the contract signing date [15][17]. - The company will ensure that the financial assistance does not adversely affect its normal business operations or the interests of its shareholders, particularly minority shareholders [12][11].