2025年10月10日，国机精工集团股份有限公司召开董事会，审议通过子公司轴研科技、国机金刚石拟在 关联方国机资本及其子公司国机保理开展应收账款转让及无追索权保理业务的议案，业务总额不超 50,000万元。国机资本和国机保理为国机集团全资子公司，本次交易构成关联交易。该交易尚需2025年 第四次临时股东会批准。截至2025年9月30日，国机资本总资产955,019.68万元，国机保理总资产 352,210.56万元。此业务有助于公司盘活资产、加速资金周转，且定价公允。2025年初至披露日，公司 与国机集团及其关联方累计关联交易14,008.69万元。独立董事和保荐人均表示同意。 ...

Core Viewpoint - The company, Yunnan Nantian Electronic Information Industry Co., Ltd., has approved its subsidiary, Beijing Xinglian Nantian Technology Co., Ltd., to engage in non-recourse factoring of accounts receivable up to RMB 800 million to enhance cash flow and operational efficiency [1][2][3] Group 1: Factoring Business Overview - The factoring business involves non-recourse factoring of accounts receivable generated from daily operations of the subsidiary [2][5] - The total factoring limit is set at a maximum of RMB 800 million, with a validity period not exceeding 12 months from the board's approval date [2][5] - The fee rate for the factoring services will be negotiated based on market rates [5] Group 2: Impact on the Company - Engaging in this factoring business is expected to shorten the accounts receivable collection period, accelerate cash turnover, and improve the efficiency of fund utilization [2][6] - The board and supervisory committee have both expressed that this decision aligns with the company's operational realities and development plans, benefiting the overall interests of the company and its shareholders [6][7] Group 3: Company and Partner Information - The factoring partner, Shanghai Banghui Commercial Factoring Co., Ltd., is not related to the company and is not listed as a dishonest executor [2][4] - The company holds a 51% stake in the subsidiary involved in the factoring business [1]