CCOOP group provides financial aid to three subsidiaries

CCOOP Group has provided financial assistance totaling RMB 10,407.30万元 to three of its controlled subsidiaries: Mayang Commercial Logistics, Commercial Logistics (Huaihua), and Pingjiang Commercial Logistics. This includes RMB 2,170.90万元 to Mayang Commercial Logistics, RMB 7,600万元 to Huaihua Company, and RMB 636.40万元 to Pingjiang Commercial Logistics. Additionally, Xiangzhong International Logistics Park has provided RMB 180万元 in interest-free loans to Loudi Xinhezuo Commercial Logistics.

These financial assistances are part of a larger, previously approved shareholder resolution allowing for up to RMB 13,000万元 in financial aid to controlled subsidiaries within the consolidated financial statement scope. The loans are primarily intended for routine taxes, upfront approval and construction fees, and loan interest payments. They have a term extending to August 26, 2027, and an interest rate of 3.8% for most agreements.

Following these agreements, the cumulative financial assistance provided by CCOOP Group and its controlled subsidiaries amounts to RMB 1,251.18万元, representing 0.08% of the company's net assets attributable to shareholders in the latest audited period. The company emphasized that this support aims to drive overall business development and project construction, with other shareholders providing proportional contributions.