Securities Code: 002302 Securities Abbreviation: West Construction Announcement No.: 2026-016 CHINA WEST CONSTRUCTION GROUP CO.,LTD Announcement on Application for Credit Line from China West Construction Finance Co., Ltd. for 2026
The Company and the entire Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or material omissions.
I. Overview of Related Party Transactions
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Basic Situation of Related Party Transactions To meet the operating and daily funding needs of China West Construction Group Co., Ltd. (hereinafter referred to as "the Company") and to further reduce financing costs, the Company plans to apply to China West Construction Finance Co., Ltd. (hereinafter referred to as "China West Finance Company") for a total credit line of no more than RMB 15 billion in 2026. The loans, factoring, bills, and guarantees handled by the Company and its subsidiaries at China West Finance Company during the credit period will be controlled within a total scale of RMB 15 billion.
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Explanation of Related Party Relationship China West Finance Company is a subsidiary controlled by China Construction Group Co., Ltd., the actual controller of the Company. As both are controlled by the same actual controller, it meets the conditions for a related party relationship stipulated in Article 6.3.3 of the "Listing Rules of Shenzhen Stock Exchange," making it a related party to the Company. Therefore, this transaction constitutes a related party transaction for the Company.