Core Viewpoint - The company Tanaka Precision Machinery has provided significant loans to its subsidiary Youfu Intelligent Equipment, which is facing financial difficulties, leading to overdue repayments and potential legal actions to recover the funds [1][2][3]. Group 1: Financial Overview - As of the announcement date, the total loan principal provided to Youfu Intelligent amounts to 99.44 million yuan, representing 14.90% of the company's latest audited net assets [1]. - Among the loans, 36.90 million yuan is overdue, accounting for 5.53% of the company's latest audited net assets [1]. - In 2023, Youfu Intelligent reported revenue of 6.22 million yuan and a net loss of 37.24 million yuan, with a negative net asset of 4.09 million yuan by year-end [1][2]. Group 2: Loan Management and Actions - To support Youfu Intelligent's operations, Tanaka Precision Machinery extended the loan repayment period by one year on December 18, 2023, due to the subsidiary's cash flow needs [2]. - By the first nine months of 2024, Youfu Intelligent's revenue increased to 17.75 million yuan, but it still incurred a net loss of 56.39 million yuan, with a negative net asset of 50.15 million yuan [2]. - On December 15, 2024, Youfu Intelligent failed to repay 13 million yuan of the loan principal and interest, leading to the decision not to extend the loan further [2][3]. Group 3: Legal Actions - The company has issued a demand for repayment to Youfu Intelligent and is pursuing legal action to recover overdue loans, including the possibility of bankruptcy proceedings against the subsidiary [3].