002902SZSE

Announcement on the Extension of Loans Provided by the Controlling Shareholder and Related Transactions

✨ AI Summary

The announcement details the extension of a loan of RMB 20 million from controlling shareholder Yang Xianjin to the company, Dongguan Mingpu Optoelectronics Co., Ltd. The loan term is extended to October 30, 2026, with the interest rate remaining unchanged. This transaction aims to support the company's operational cash flow and is deemed fair and reasonable, posing no harm to the interests of shareholders.

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Full Translation

AI Translation· azure_openai

Dongguan Mingpu Optoelectronics Co., Ltd. Announcement on the Extension of Loans Provided by the Controlling Shareholder and Related Transactions

The company and all members of the board guarantee that the information disclosed is true, accurate, and complete, without false records, misleading statements, or significant omissions.

I. Overview of Related Transactions

(1) Basic Information on Related Transactions

On October 31, 2025, the company held the 15th meeting of the fifth board of directors, which approved the proposal regarding the loan from the controlling shareholder to the company. The company agreed to borrow RMB 20 million from related director Mr. Yang Xianjin, with a loan term of 6 months and a fixed interest rate not exceeding the one-year loan market quoted rate published by the People's Bank of China on November 1, 2025, starting from the actual loan disbursement date. For specific details, please refer to the announcement disclosed by the company on November 4, 2025, on the Giant Tide Information Network (www.cninfo.com.cn). To meet the working capital needs for production and operations, the company intends to sign a "Loan Extension Agreement" with the controlling shareholder Mr. Yang Xianjin, extending the original loan term to October 30, 2026, with the interest rate remaining unchanged.

(2) Related Transaction Matters

Mr. Yang Xianjin currently serves as the chairman and president of the company and holds 64,702,422 shares, accounting for 27.53% of the total share capital, making him the controlling shareholder. According to the relevant provisions of the Shenzhen Stock Exchange Listing Rules, Mr. Yang is considered a related natural person, and this loan constitutes a related transaction.

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