Securities Code: 002314 Securities Abbreviation: Nanshan Holding Announcement No.: 2026-011
Shenzhen Nanshan Holding (Group) Co., Ltd. Announcement on Authorization Management for Financial Assistance to Project Companies
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and there are no false records, misleading statements, or major omissions.
Shenzhen Nanshan Holding (Group) Co., Ltd. (hereinafter referred to as the "Company") held the 28th meeting of the 7th Board of Directors on April 27, 2026, which deliberated and passed the "Proposal on Authorization Management for Financial Assistance to Project Companies." The relevant matters are hereby announced as follows:
I. Overview of Financial Assistance
To meet the capital needs for real estate cooperative development projects, the Company and its controlled subsidiaries plan to provide financial assistance with an authorized total amount not exceeding RMB 2.513 billion to project companies established for real estate business operations, which are outside the scope of consolidated statements or in which the Company's equity interest does not exceed 50%. According to relevant regulations, this proposal needs to be submitted for shareholder approval.
II. Recipients of Financial Assistance
The recipients of financial assistance under this authorization management must simultaneously meet the following conditions: (1) The recipient is engaged in a single main business, which is real estate development, and the funds are used solely for the main business; (2) The recipient complies with the scope stipulated in the "Shenzhen Stock Exchange Stock Listing Rules" and is not a legal person or other organization controlled by a director, senior management, or shareholder holding more than 5% of the listed company's shares; (3) Other shareholders or partners of the recipient provide financial assistance with the same terms, including the amount, term, interest rate, default liability, and guarantee measures, in proportion to their equity contributions; (4) The total authorized assistance amount shall not exceed 50% of the listed company's net assets as of the most recent audited period, and the assistance amount for any single recipient shall not exceed 10% of the listed company's net assets as of the most recent audited period.