CCOOP subsidiary secures 170m yuan loan with group support

CCOOP Group announced that its controlled subsidiary, Weihai CCS Commercial Logistics Co., Ltd., secured a 170 million yuan fixed asset loan from the Weihai Wendeng Branch of Postal Savings Bank of China. The loan, with a 15-year term, is for its "Weihai County-level Centralized Procurement and Distribution Center Project." As of December 5, 2025, Weihai CCS Commercial Logistics had drawn 8.3672 million yuan, which is also the current outstanding principal. Beijing CCOOP Commercial Development Co., Ltd., another subsidiary of CCOOP Group, provided a joint and several liability guarantee for this loan. Weihai CCS Commercial Logistics also provided a mortgage on two properties it owns.

The company's board and shareholders previously approved an adjustment to inter-guarantee limits, increasing the guarantee to subsidiaries from 990 million yuan to 2.1 billion yuan within a total annual inter-guarantee limit of 4.3 billion yuan. As of December 9, 2025, CCOOP Group and its controlled subsidiaries' total guarantee agreements amounted to 2.6584 billion yuan. The actual amount guaranteed is 1.0098831 billion yuan, representing 6.55% of the company's 2024 audited net assets attributable to listed company shareholders.

Weihai CCS Commercial Logistics, established on November 15, 2024, is a wholly-owned subsidiary of Beijing CCOOP Commercial Development Co., Ltd. For the period ending September 30, 2025 (unaudited), it reported total assets of 115.6834 million yuan and a net profit of 2.0849 million yuan.