Shang Hai Zheng Quan Bao·2025-12-28 19:35Core Viewpoint - The company has received debt waivers from its controlling shareholder and related parties, totaling 377.62 million yuan, which will enhance its net assets and improve its financial structure [2][4][9]. Group 1: Debt Waiver Details - The controlling shareholder, Jinan High-tech Urban Construction Development Co., Ltd. (referred to as "High-tech Construction"), has issued a waiver for debts totaling 280.1572 million yuan owed by the company and its wholly-owned subsidiaries [2][4]. - Related party Jinan Shunzheng Investment Co., Ltd. (referred to as "Shunzheng Investment") has waived debts totaling 97.4676 million yuan owed by the company and its wholly-owned subsidiary [2][4]. - The total amount of debt waived is 377.6248 million yuan, which will be recorded as an increase in the company's capital reserve [2][4][9]. Group 2: Transaction Classification - This debt waiver does not constitute a major asset restructuring and is classified as a related party transaction, exempt from shareholder meeting approval due to its unilateral nature and lack of consideration [2][4][9]. - The transaction has been approved by the company's board of directors and does not require further disclosure or approval from the shareholders [2][4]. Group 3: Impact on the Company - The debt waiver is intended to support the company's development, reduce debt pressure, and enhance its ongoing operational capacity [4][9]. - The waiver will not result in any repayment obligations for the company or its subsidiaries, thereby optimizing the asset-liability structure [4][9]. - The company will follow the accounting standards for the appropriate treatment of the waiver, with final confirmation pending from the auditing firm [2][9].