Shanzi High-Tech secures RMB 100m loan for working capital

Shanzi High-Tech Co., Ltd. disclosed on September 17, 2025, that it has secured a loan totaling RMB 100 million. This financing, issued by Guangdong Yuecai Trust Co., Ltd. on September 16, 2025, is intended to supplement the company's daily operating liquidity. The loan has a term not exceeding 24 months.

The financing was facilitated through the "Yuecai Trust • Yuesu No. 3 Service Trust" established by Yuecai Trust as the trustee. This initiative follows the approval of the company's application for a financing quota from relevant financial institutions for 2025, passed during the Sixth Meeting of the Ninth Board of Directors on April 28, 2025.

As part of the arrangement, Nanjing Bangqi Automatic Transmission Co., Ltd., a wholly-owned subsidiary of Shanzi High-Tech, will act as a co-borrower. The loan is secured by industrial land use rights and buildings owned by Nanjing Bangqi Automatic Transmission Co., Ltd. The company's board of directors has authorized its legal representatives, and those of its subsidiaries, to sign all related legal documents.