002053SZSE

Progress Announcement on Overdue Entrusted Loans to Associate Company by Yunnan Energy Investment Co., Ltd.

Yunnan Energy Investment Co., Ltd.··2 pages

✨ AI Summary

Yunnan Energy Investment Co., Ltd. announced that an entrusted loan of RMB 1.47 million to its associate Tianmeng Company has become overdue. The company has fully provisioned for bad debts, and the loan amount is small relative to its net assets and profits. The company plans to take legal measures, including bankruptcy proceedings, to protect its rights and interests.

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Full Translation

AI Translation· azure_openai
  1. Securities Code: 002053
    Securities Abbreviation: Yunnan Energy Investment
    Announcement Number: 2026-065

Yunnan Energy Investment Co., Ltd. and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or significant omissions.

Important Notice: Yunnan Energy Investment Co., Ltd. (hereinafter referred to as "the Company") provided an entrusted loan of RMB 1.47 million to its associate company, Mengla Tianmeng Foreign Economic and Trade Co., Ltd. (hereinafter referred to as "Tianmeng Company"), under the same conditions proportionate to its shareholding. This loan has become overdue, and the Company will announce the progress monthly in accordance with the relevant regulations of the Shenzhen Stock Exchange. The amount of the entrusted loan is small relative to the Company's net assets and net profits, and full provisions for bad debts have been made, which will not significantly impact the Company's current or future profits. To protect the Company's legal rights, the Company will continue to take various measures, including but not limited to applying to the court for the bankruptcy liquidation of Tianmeng Company, and investors are advised to pay attention to investment risks.

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