Chanjet extends loan to controlling shareholder Yonyou

Chanjet Information Technology Company Limited announced on December 4, 2025, that it has agreed to provide a loan of RMB70,000,000 to Yonyou Network Technology Co., Ltd. The loan, which commenced on December 4, 2025, has a term of one year, ending on December 3, 2026. The interest rate is set at 3% per annum, based on the latest one-year loan prime rate.

The transaction is classified as both a discloseable and a connected transaction under the Hong Kong Listing Rules. It exceeds 5% but is less than 25% of applicable percentage ratios for a discloseable transaction, and exceeds 0.1% but is less than 5% for a connected transaction (excluding the profits ratio). However, it is exempt from shareholders' approval requirements under both Chapter 14 and Chapter 14A of the Listing Rules.

The purpose of the loan is to supplement Yonyou's working capital. The terms, including the interest rate, were determined through arm's length negotiations, considering prevailing market interest rates and Yonyou's financial background. No guarantee or collateral is required from Yonyou for this loan.