Stock Code: 002377 Stock Abbreviation: Guochuang High-New Announcement No.: 2026-28
Hubei Guochuang High-New Material Co., Ltd. Announcement on Accepting Financial Assistance from Controlling Shareholder and Related Party Transaction
The Company and the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosure, and are free from any false representations, misleading statements, or material omissions.
I. Overview of Related Party Transaction
To support the business development of Hubei Guochuang High-New Material Co., Ltd. (hereinafter referred to as the "Company"), its controlling shareholder, Keyuan Holding Group Co., Ltd. (hereinafter referred to as "Keyuan Group"), agrees to provide financial assistance to the Company. The financial assistance amount shall not exceed RMB 25 million, with a term of no more than 12 months from the date of approval by the Company's Board of Directors. The interest rate shall not be higher than the LPR (Loan Prime Rate) quoted by the People's Bank of China. The Company may use the financial assistance in a revolving manner within the aforementioned term and amount based on actual needs and may repay it in advance. The Company does not need to provide any form of guarantee for this financial assistance.
According to the relevant provisions of the "Stock Listing Rules of the Shenzhen Stock Exchange," Keyuan Group is the controlling shareholder of the Company and a related party to the Company. This financial assistance constitutes a related party transaction.