Securities Code: 000953 Securities Abbreviation: Zhongzhe Jinghua Announcement No.: 2026-027
Guangxi Zhongzhe Jinghua Technology Co., Ltd. Announcement on Adjusting Loan Matters with Controlling Shareholder and Related Parties and Related Party Transactions
The Company and the entire Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false records, misleading statements, or significant omissions.
Guangxi Zhongzhe Jinghua Technology Co., Ltd. (hereinafter referred to as the "Company" or "Zhongzhe Jinghua") held the Fourth Meeting of the Twelfth Board of Directors on June 18, 2026, and reviewed and approved the "Proposal on Adjusting Loan Matters with Controlling Shareholder and Related Parties and Related Party Transactions." The specific details are hereby announced as follows:
I. Overview of Related Party Transactions
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On August 26, 2025, the Company held the Second Meeting of the Eleventh Board of Directors and reviewed and approved the "Proposal on Continuing Loans from Controlling Shareholder and Related Parties." The Company continued to apply for a loan limit not exceeding RMB 11 million (including the principal balance of existing loans) from Ningbo Yinyi Holdings Co., Ltd. (hereinafter referred to as "Yinyi Holdings") and its related parties. The loan term was from September 20, 2025, to September 19, 2026. On September 9, 2025, Yinyi Holdings and Zhongzhe Ruihe signed an asset transfer agreement, transferring its 87 million shares in the Company (accounting for 23.76% of the total share capital of the listed company) and all receivables owed by the Company to Zhongzhe Ruihe. On December 18, 2025, the change of control of the Company was completed, and Zhongzhe Ruihe simultaneously acquired all creditor's rights held by Yinyi Holdings against the Company.
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As of May 31, 2026, the actual loan principal and interest balance formed by loans provided by Zhongzhe Ruihe and its related parties to the Company was RMB 46.3091 million (of which principal was RMB 9.0547 million and interest was RMB 37.2544 million).
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Given that the aforementioned loan term is about to expire, to support the Company's business development and production and operation, the Company and its subsidiaries (including its wholly-owned subsidiaries) plan to adjust the aforementioned loan limit to not exceed RMB 60 million (including the principal balance of existing loans) from the controlling shareholder and its related parties. The loan term will be from June 19, 2026, to June 18, 2027. Within this loan term, the loan limit can be used cyclically, and principal and interest can be repaid in advance. The Company and its subsidiaries (including its wholly-owned subsidiaries) can borrow or repay in installments from the controlling shareholder and its related parties based on their actual capital situation. The loan interest rate shall not exceed the benchmark lending rate for the same period and the same tier published by the People's Bank of China on the actual loan date. Other loan terms remain unchanged. The Company and its subsidiaries (including its wholly-owned subsidiaries) will not provide any form of guarantee to the controlling shareholder and its related parties.
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On June 18, 2026, the Company held the First Special Meeting of Independent Directors of the Twelfth Board of Directors and the Fourth Meeting of the Audit Committee of the Twelfth Board of Directors in 2026. Both meetings reviewed and approved the "Proposal on Adjusting Loan Matters with Controlling Shareholder and Related Parties and Related Party Transactions" and agreed to submit this proposal to the Company's Board of Directors for review.