Shenzhen Yushun Electronics Co., Ltd. (hereinafter referred to as "the Company") and all members of the board of directors guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.
1. Transaction Overview
To further broaden financing channels and improve capital utilization efficiency, the Company approved at its first extraordinary general meeting of shareholders in 2026 that Zhong'en Cloud (Beijing) Data Technology Co., Ltd. (hereinafter referred to as "Zhong'en Cloud Technology") will conduct financing leasing business with China Merchants Jinzhong Financial Leasing Co., Ltd. (hereinafter referred to as "China Merchants Jinzhong") through a sale-and-leaseback arrangement. This business requires Zhong'en Cloud Technology to pay a risk deposit to China Merchants Jinzhong. Zhong'en Cloud Technology intends to apply for an interest-free loan from its current shareholder's related party, Shanghai Huizhidong Management Consulting Co., Ltd. (hereinafter referred to as "Huizhidong"), specifically for the payment of the risk deposit under the financing lease contract, with a loan amount of RMB 81,113,891.80. The main terms of the loan agreement are detailed in "3. Main Content of the Loan Agreement."
Given that the Company has implemented transitional management measures for the shareholders of Zhong'en Cloud Technology, Beijing Shenhuibi Cloud Computing Technology Co., Ltd., and Zhong'en (Beijing) Data Information Technology Co., Ltd. (collectively referred to as "the Target Company"), all risks, responsibilities, and profits and losses of the Target Company have been assumed by the Company since the implementation of the transitional management measures. Based on the principle of prudence, the loan application by Zhong'en Cloud Technology to Huizhidong must be submitted for board approval before implementation. According to the relevant provisions of the Shenzhen Stock Exchange Listing Rules, Huizhidong is not a related party of the Company; this loan does not constitute a related transaction and falls within the board's approval authority, thus does not require submission to the shareholders' meeting or approval from relevant departments.