QA(SH:603758) Shang Hai Zheng Quan Bao·2025-12-05 20:15Group 1 - The company, Chongqing Qin'an Electromechanical Co., Ltd., has received approval from its board and shareholders to apply for a merger loan of up to RMB 800 million to acquire 99% of Anhui Yigao Optoelectronics Technology Co., Ltd. through its wholly-owned subsidiary [2][10] - The company signed merger loan agreements with three banks, totaling RMB 650 million, which includes loans of RMB 150 million from China Minsheng Bank, RMB 250 million from China Merchants Bank, and RMB 250 million from CITIC Bank [3][5][7] - The loan terms include a 5-year repayment period with specific repayment schedules and floating interest rates based on the LPR (Loan Prime Rate) [4][6][8] Group 2 - The company has assessed its current financial status and funding plans, indicating that the merger loan will facilitate the acquisition without imposing significant financial risks or adversely affecting its operations [10]