Securities Code: 001287 Securities Abbreviation: C-PORT Announcement No.: 2026-023
Shenzhen C-PORT Technology Co., Ltd. Announcement on Carrying Out Accounts Receivable Factoring Business and Related Party Transactions in 2026
The Company and the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed herein, and that there are no false records, misleading statements, or material omissions.
I. Overview of Related Party Transactions
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To accelerate accounts receivable collection, reduce "two funds" (inventory and receivables) scale, improve operating cash flow, and enhance capital utilization efficiency, and to expand diversified financing channels, in accordance with the actual operating needs of Shenzhen C-PORT Technology Co., Ltd. (hereinafter referred to as the "Company"), the Company and its wholly-owned subsidiary plan to carry out accounts receivable factoring business with a total amount not exceeding RMB 1 billion with C-PORT Commercial Factoring (Shenzhen) Co., Ltd. (hereinafter referred to as "C-PORT Factoring").
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C-PORT Factoring is under the actual control of China Electronics Information Industry Group Co., Ltd. (hereinafter referred to as "China Electronics"), which also controls the Company. In accordance with the "Shenzhen Stock Exchange Stock Listing Rules (2025 Revision)" and the "Shenzhen Stock Exchange Main Board Listed Company Self-Regulatory Supervision Guidelines No. 1 – Standardized Operation of Main Board Listed Companies (2025 Revision)", this transaction constitutes a related party transaction, but does not constitute a major asset restructuring as defined by the "Measures for the Administration of Major Asset Restructuring of Listed Companies (2025 Revision)".
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On April 27, 2026, the Company held the twelfth meeting of the second Board of Directors, which reviewed and approved the "Proposal on Carrying Out Accounts Receivable Factoring Business and Related Party Transactions in 2026". During the review of this proposal, related directors Zhu Yingtao, Liu Xun, Li Jun, Yang Hong, and Cao Bei abstained from voting. The non-related directors approved the proposal with 6 votes in favor, 0 votes against, and 0 abstentions. This matter has been fully approved by the ninth meeting of the second Board of Directors' Audit Committee and the sixth special meeting of independent directors of the second Board of Directors. This matter still needs to be submitted for review by the Company's shareholders' meeting. Related shareholders China Electronics and China C-Information Services Co., Ltd. (hereinafter referred to as "C-Information") will abstain from voting on this proposal.
II. Basic Information of Related Parties
- Basic Information