Core Viewpoint - The company, Zhenstone Co., announced the approval of a proposal to provide interest-free loans to its wholly-owned subsidiary, Zhenstone Huamei New Materials Co., for the implementation of fundraising projects [1] Group 1: Loan Details - The company plans to use up to 1,340.51 million RMB in total for the loans [1] - The loan amount allocated for the "Composite Material Production Base Construction Project" is capped at 1,149.10 million RMB [1] - The loan amount for the "Research and Development Center and Information Technology Construction Project" is capped at 191.41 million RMB [1] Group 2: Loan Terms - The loans will be provided either in a lump sum or in installments within the total loan amount range [1] - The loan term will last from the actual borrowing date until the completion of the fundraising projects [1]
振石股份：关于使用部分募集资金向全资子公司提供借款以实施募投项目的公告