Lujiazui subsidiary extends 1.2 bn yuan loan to external entity

Shanghai Dongmao Real Estate Co., a controlled subsidiary of Shanghai Lujiazui Finance & Trade Zone Development Co., Ltd., is providing 1.2 billion yuan in financial assistance to Beijing Sanlitun Southern District Property Management Co., Ltd. The aid, structured as an interest-bearing loan with an annual interest rate of 0.35% and a three-year term, aims to enhance the utilization of Dongmao Company's surplus funds. This assistance falls within the scope of the company's 2024 annual general meeting authorization and does not require further board or shareholder approval.

The loan agreement, signed on December 1, 2025, allows for phased or lump-sum withdrawals, with principal repayment due at maturity. JinYang Co., which holds a 40% equity stake in Dongmao Company and designated Beijing Sanlitun Company as the recipient, is providing credit enhancement measures. Beijing Sanlitun Company's credit standing is reported as normal, with no history of being listed as a dishonest executor.

Including this transaction, the total financial assistance provided by Shanghai Lujiazui Finance & Trade Zone Development and its controlled subsidiaries amounts to 4.72 billion yuan, representing 19.17% of the company's most recent audited net assets. Financial assistance to external units not included in the consolidated financial statements totals 4.3 billion yuan, or 17.47% of the company's net assets. The company has no outstanding overdue financial assistance.