ERDOS(SH:600295) Shang Hai Zheng Quan Bao·2025-12-04 19:18Group 1 - The core announcement is about the financial support of up to 3.8 billion RMB from the controlling shareholder, Inner Mongolia Ordos Cashmere Group Co., Ltd., to Inner Mongolia Ordos Resources Co., Ltd. and its subsidiaries for the year 2026 [2][6] - The loan will have a term determined by actual needs and an interest rate not exceeding the market loan quotation rate, with no collateral or guarantees required from the company or its subsidiaries [2][6] - The board of directors approved the proposal on December 3, 2025, during the 11th meeting of the 10th board session [3][49] Group 2 - The financial support constitutes a related party transaction, but it is exempt from the usual disclosure requirements as it meets the criteria set by the Shanghai Stock Exchange [4] - The transaction is within the board's approval authority and does not require shareholder meeting approval [4][49] - The financial support is expected to meet the company's funding needs and will not affect its normal operations or independence [6][42] Group 3 - The company reported that the actual amount of daily related party transactions with affiliates from January to October 2025 was approximately 1.37 billion RMB [19] - For 2026, the company anticipates daily related party transactions with affiliates to total no more than 2.37 billion RMB [21] - The related party transactions are deemed necessary for the company's normal operations and are conducted on a fair and voluntary basis [11][42]