HBYH(SZ:000422) Zheng Quan Ri Bao Zhi Sheng·2025-11-10 14:17Core Viewpoint - Hubei Yihua announced financial assistance to several subsidiaries, with a total funding limit of up to 75 million yuan, subject to market interest rates, pending shareholder approval [1] Group 1: Financial Assistance Details - The company plans to provide financial assistance to Inner Mongolia Yihua Chemical Co., Ltd. (30 million yuan), Qinghai Yihua Chemical Co., Ltd. (15 million yuan), Hubei Yihua Phosphate Chemical Co., Ltd. (15 million yuan), Hubei Yihua Environmental Technology Co., Ltd. (10 million yuan), and Hubei Yihua New Materials Technology Co., Ltd. (5 million yuan) [1] - The financial assistance will be effective for two years from the date of approval at the company's ninth temporary shareholders' meeting in 2025 [1] Group 2: Corporate Structure and Governance - After the completion of the capital increase, the mentioned subsidiaries will become jointly invested subsidiaries of the company and its controlling shareholder, Hubei Yihua Group Co., Ltd. [1] - The financial assistance constitutes a related party transaction as the subsidiaries are receiving funding from the controlling shareholder [1] - The financial assistance proposal has been approved by the company's sixth independent director meeting and the 55th meeting of the 10th board of directors, pending submission to the shareholders' meeting for final approval [1]