Jinyu Bio-Technology's major shareholder secures loan for stake increase

Jinyu Bio-Technology's major shareholder, Inner Mongolia Jinyu Bio-Technology Holding Co., Ltd. ("Bio-Technology Holding"), has secured a "loan commitment letter" from China Minsheng Bank Co., Ltd. Hohhot Branch. This commitment provides a special loan of up to RMB 90m for Bio-Technology Holding to increase its stake in Jinyu Bio-Technology A-shares, with a loan term of 36 months.

This financing supports Bio-Technology Holding's previously announced plan to acquire Jinyu Bio-Technology shares through centralized bidding on the Shanghai Stock Exchange. The total acquisition amount is set to be no less than RMB 50m and not exceeding RMB 100m over a 12-month period. Any funds beyond the loan amount will come from Bio-Technology Holding's own capital.

The company notes potential risks that could prevent the full execution of the share increase plan, including changes in capital market conditions. Jinyu Bio-Technology will fulfill its information disclosure obligations if any related risks arise during the plan's implementation.