Xiangyu(SH:600057) Ge Long Hui·2025-11-26 11:12Core Viewpoint - Xiamen Xiangyu (600057.SH) announced that its subsidiary, Hong Kong Xingyao Shipping Co., Ltd., has introduced industrial investors through a capital increase and share expansion, resulting in a shareholding structure where the company holds 49% and the industrial investors hold 51% [1] Group 1 - The shareholding change has been registered, and Xingyao Shipping is now classified as an associate company of Xiamen Xiangyu [1] - Both parties will provide proportional guarantees for bank credit based on their shareholding ratios, with the company's guarantee not exceeding 53 million yuan [1] - The company has provided loans to Xingyao Shipping during its period as a subsidiary, and post-capital increase, the industrial investors will share the loan principal and interest proportionally, with the company's share not exceeding 53 million yuan and a repayment period of no more than 5 months at an interest rate of 3.5% [1] Group 2 - Following the capital increase, Xingyao Shipping will no longer be included in the company's consolidated financial statements, leading to the company passively forming external financial support for the loans [1] - The arrangement is essentially a continuation of the company's operational loans to its former subsidiary, and there are no circumstances that would harm the company's interests regarding the proportional loan provision [1]