雅戈尔时尚股份有限公司 关于提供财务资助的进展公告

Financial Assistance Overview - The company provided financial assistance of 182,721,618.37 yuan due to the reduction of capital by Zhuhai Baolong Jiana Real Estate Development Co., Ltd., where its wholly-owned subsidiary, Ningbo Yahu Real Estate Co., Ltd., did not fully recover the corresponding capital from the reduction [2][5][7] Internal Decision-Making Process - The company held the 17th meeting of the 11th Board of Directors on April 22, 2025, and the 2024 Annual General Meeting on May 16, 2025, where it approved the proposal to provide financial assistance to joint ventures and associates, with a total amount not exceeding 500 million yuan and a term of 12 months from the approval date [3][6] Reasons for Financial Assistance - The financial assistance was a passive result of the capital reduction by the assisted entity, and it does not affect the company's normal business operations or fund usage [7] Basic Information of the Assisted Entity - The assisted entity is a joint venture established by the company's wholly-owned subsidiary, Yahu Real Estate, and Shanghai Pengchi Industrial Development Co., Ltd., with each holding a 50% stake [9] Financial Assistance Agreement - There was no formal agreement signed regarding the financial assistance, as it was a result of the capital reduction [10] Risk Analysis and Control Measures - The company will closely monitor the operational and financial status of the assisted entity and will take timely measures to control or reduce financial assistance risks if adverse factors are identified [11] Board of Directors' Opinion - The Board believes that providing financial assistance to the project company is beneficial for its operational activities and aligns with the company's overall development needs, with overall risks being manageable [12] Cumulative Financial Assistance and Overdue Amounts - The announcement does not specify any overdue amounts related to the financial assistance provided [13]