I. Overview of Related Transactions
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Wuxi Huadong Heavy Machinery Co., Ltd. (hereinafter referred to as "the Company") is controlled by the same party and is engaged in business development. The Company provides loans totaling no more than 300 million RMB (including interest), with a loan term not exceeding 12 months (starting from the date of loan issuance). The interest rate shall not exceed the benchmark interest rate published by the People's Bank of China for the same period.
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The current loan provider is Meng Zhenhua, who is a controlling person of the Company. Wuxi Huadong Heavy Machinery Technology Group Co., Ltd. is the parent company, and the loan is structured as a related party transaction.
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The above-mentioned item has been approved by the 14th meeting of the fifth board of directors, and the independent directors have expressed their opinions on the loan provision.
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Based on the "Shenzhen Stock Exchange Listing Rules," the loan is categorized as a related party transaction.
II. Basic Information of Related Parties
(1) Meng Zhenhua
| Name | Meng Zhenhua |
|---|---|
| Gender | Male |
| Nationality | China |
| ID Number | 3202221958******** |
| Address | Wuxi City, Jiangsu Province, Huashan Road, 508, Building B, 24th Floor |
| Is a Related Party | Yes |
| Relationship | Controlling person of the Company |