Group 1 - The company has entered into a reverse factoring financing agreement with a total financing amount of 900 million yuan, with an initial payment usage fee rate adjusted from a maximum of 6% per year to 5% per year [1][2] - The company has repaid 262.5681 million yuan, with a remaining balance of 116.4423 million yuan, and plans to apply for an extension of the payment of 4.3967 million yuan due in the second to fourth quarters of 2025 [1][2] - The independent directors have reviewed the related party transaction and concluded that it is a normal business need, with a fair pricing mechanism that does not harm the interests of the company or minority shareholders [3][4] Group 2 - The total assets of the factoring company are 1.997 billion yuan, with net assets of 783 million yuan as of December 31, 2024 [2] - The cumulative payment of the reverse factoring financing business from the beginning of 2025 to the date of this announcement is 2.2795 million yuan [3] - The decision-making process for the related party transaction complies with relevant regulations, and the related directors have abstained from voting [4]