Jiangsu Guoxin boosts financial ties, forecasts related party transactions

Jiangsu Guoxin Corp. will engage in financial cooperation with Jiangsu Guoxin Group Finance Co. Ltd. for 2026-2028, covering deposits, loans, and settlement services. This related party transaction aims to optimize financial management, reduce financing costs, and ensure funding channels. The daily maximum deposit balance will be RMB 20 bn, with a phased maximum credit limit of RMB 29 bn in the first year, RMB 31 bn in the second, and RMB 33 bn in the third year. Pricing policies are designed to be favorable to the company, not exceeding benchmark rates or rates from other financial institutions.

Separately, Jiangsu Guoxin has forecasted 2026 daily related party transactions with various affiliated entities, totaling an estimated RMB 12.746 bn. These transactions, primarily for raw material and commodity procurement and sales, as well as service provisions, are anticipated to occur at government-regulated or market-based prices.

The company's board has approved both the financial cooperation and the 2026 daily related party transaction forecast. These matters, along with the election of the seventh board of directors and independent directors, will be put to a vote at the Third Extraordinary General Meeting of Shareholders on December 18, 2025.