ShaanGu(SH:601369) Shang Hai Zheng Quan Bao·2025-12-30 21:45Core Viewpoint - The company held its 20th meeting of the 9th Board of Directors on December 29, 2025, where several key resolutions were passed, including approval for related party transactions and borrowing limits for subsidiaries [1][2][3][4][5][6]. Group 1: Board Meeting Resolutions - The company approved the proposal for 2026 annual related party transactions, with all non-related directors voting in favor [2][3][13]. - The company approved a borrowing limit of up to 500 million yuan for its wholly-owned subsidiary, Changqing Leasing, to support its business development [4][32][33]. - The company approved a borrowing limit of up to 500 million yuan for its controlling subsidiary, Qin Feng Gas, to enhance liquidity [5][8][12]. - The company approved a financing lease business for its controlling subsidiary, Hohhot Gas, with a financing amount not exceeding 100 million yuan [6][37][39]. Group 2: Borrowing Details - Qin Feng Gas plans to apply for a bank loan with a limit of up to 500 million yuan, aimed at supplementing its liquidity needs [8][12]. - The loan will have a term of up to 3 years and an interest rate not exceeding the current LPR [12][34]. - Changqing Leasing will also seek a loan with similar terms to support its operational needs [32][34]. Group 3: Financing Lease Business - Hohhot Gas intends to engage in a financing lease with Changqing Leasing, using its fixed assets as collateral, with a total financing amount not exceeding 100 million yuan [37][39]. - The lease term will not exceed 3 years, and the specific terms will be defined in the lease agreement [42][43].