002789SZSE
🚨 Material Event

Announcement on Borrowing from Controlling Shareholder and Related Transactions

*ST Jianyi Co., Ltd.··4 pages

✨ AI Summary

Shenzhen Jianyi Decoration Group Co., Ltd. plans to borrow up to RMB 133 million from its controlling shareholder, Zhuhai Zhengfang Group Co., Ltd., with a term until June 30, 2026, at an annual interest rate of 5%. The board has approved this transaction, which is classified as a related party transaction. The company will provide collateral based on the actual loan amount, ensuring no harm to shareholders' interests.

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Full Translation

AI Translation· azure_openai

Shenzhen Jianyi Decoration Group 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 major omissions.

I. Overview of Related Transactions

The Company intends to apply for a loan of no more than RMB 133 million from its controlling shareholder, Zhuhai Zhengfang Group Co., Ltd. (hereinafter referred to as "Zhengfang Group"), due to the needs of daily operations and development. The loan period will be from the date of approval by the shareholders' meeting until June 30, 2026, with an annual interest rate of 5%. The actual loan amount will be determined by the contract signed by both parties, and the loan amount can be reused within the loan period. The board of directors proposes that the shareholders' meeting authorize the management of the Company to handle relevant specific matters within the above limit.

Within the above limit, the Company plans to provide corresponding guarantees to Zhengfang Group based on the actual loan amount, using assets within the scope of the Company's consolidated financial statements (including but not limited to fixed assets, accounts receivable, subsidiary equity, etc.) for mortgage or pledge, with specific guarantee methods and amounts to be determined by the guarantee contract. The Company held the 26th meeting of the 5th board of directors on June 2, 2026, which approved the proposal on borrowing from the controlling shareholder and related transactions with 7 votes in favor, 0 votes against, and 0 abstentions. Related directors Mr. Shi Fang and Ms. Zhuang Xuanping abstained from voting. The independent directors of the Company held a special meeting to review and approve this proposal. As of the date of this announcement, Zhengfang Group is the controlling shareholder of the Company, and according to the relevant provisions of the Shenzhen Stock Exchange Listing Rules, this transaction constitutes a related party transaction. The board of directors intends to submit this matter to the shareholders' meeting for deliberation, and related shareholders Zhengfang Group and its related parties will abstain from voting. This related transaction does not constitute a major asset reorganization as defined by the Measures for the Administration of Major Asset Restructuring of Listed Companies and does not require approval from relevant authorities.

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