Stock Code: 000008 Stock Abbreviation: Shenzhou High-speed Rail Announcement Number: 2026035 Shenzhou High-speed Rail Technology Co., Ltd. Announcement on Loan from Controlling Shareholder and Related Party Transaction The Company and the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free from any false representations, misleading statements, or material omissions.
I. Basic Situation of Related Party Transaction
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To support the daily operations and business development of Shenzhou High-speed Rail Technology Co., Ltd. (hereinafter referred to as the "Company"), the Company's controlling shareholder, China SDIC High-tech Industry Investment Co., Ltd. (hereinafter referred to as "SDIC High-tech"), intends to provide the Company with a credit line of RMB 200 million. This credit line will be valid for one year from the date of approval by the Company's Board of Directors. The interest rate for this loan is 2.11% per annum. The Company is not required to provide any form of collateral, pledge, or guarantee for this loan, nor are there any other obligations, special conditions, or additional agreements. The loan proceeds may be used for, but not limited to, supplementing working capital, repaying loans, and business development.
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SDIC High-tech is the controlling shareholder of the Company. In accordance with the relevant provisions of the "Stock Listing Rules of Shenzhen Stock Exchange," this transaction constitutes a related party transaction.