SANY(SH:600031) Shang Hai Zheng Quan Bao·2025-12-05 18:54Group 1 - The company plans to conduct deposit business with its affiliated bank, Hunan Sanxiang Bank, in 2026, with a daily deposit limit of up to RMB 6 billion [2][4][9] - The proposal will be submitted for shareholder meeting approval [3][15] - The transaction does not constitute a major asset restructuring as defined by relevant regulations [5] Group 2 - The affiliated bank, Hunan Sanxiang Bank, is 18% owned by the company's controlling shareholder, SANY Group, and its chairman is also a director of the bank [6] - The bank's total assets reached RMB 52.767 billion, with loans of RMB 32.18 billion and deposits of RMB 39.175 billion as of the end of 2024 [8] Group 3 - The deposit business will be conducted at market prices, ensuring fairness and transparency [11][12] - The independent directors have unanimously agreed that the transaction is fair and does not harm the interests of the company or minority shareholders [13][29] Group 4 - The company intends to provide financial assistance to its subsidiaries totaling up to RMB 7.15 billion, with a borrowing term of one year [19][21] - The financial assistance is aimed at meeting the operational funding needs of subsidiaries [23][29] Group 5 - The company expects to engage in daily related transactions in 2026, with procurement from related parties amounting to RMB 10.15765 billion and sales to related parties amounting to RMB 5.32732 billion [35][36] - The independent directors have confirmed that these transactions are necessary for production and will not affect the company's independence [33][34] Group 6 - The company plans to provide guarantees for its subsidiaries and independent third-party suppliers, with a total guarantee limit of RMB 1 billion for 2026 [59][60] - The company has not experienced any overdue guarantees as of October 31, 2025 [68]