Fulin Precision supports subsidiary expansion with financial aid

Mianyang Fulin Precision Machining [SZSE:300432] announced it will provide financial assistance of up to CNY 200 million to its subsidiary, Jiangxi Shenghua New Materials, and its subsidiaries, to support business development, working capital, and operations, with funds used on company project investments and daily production activities. The assistance, sourced from the company's own funds, will be available for a period not exceeding 12 months from the date of actual borrowing, accruing interest at an annual rate of 4.2%. Interest payments will be made quarterly, with principal repaid at maturity.