YGSOFT boosts subsidiary, forecasts 2026 related-party transactions

YGSOFT (SZSE:002063) has approved providing financial assistance of up to 14,500 yuan to its controlled subsidiary, Guangdong Shuyuan Technology Co., Ltd. This one-year facility, at a rate 65 basis points below the one-year loan prime rate, will support operations and repay bank loans, enhancing the subsidiary's capital needs and the parent company's capital efficiency. Shuyuan Technology, established on December 15, 2022, is 47% owned by YGSOFT and reported total assets of 20,670.21 yuan as of September 30, 2025.

Additionally, YGSOFT has projected its 2026 routine related-party transactions to reach 212,200 yuan. These transactions, primarily with State Grid Corporation of China, State Grid Digital Technology Holdings Co., Ltd., and China Power Investment Corporation, are forecasted across product sales, service provisions, and procurement. For January-November 2025, actual related-party transactions totaled 145,722.22 yuan, with some discrepancies from the earlier 2025 forecast attributed to market and customer demand changes.

The board and independent directors have affirmed these transactions are conducted on fair, market-based principles, ensuring no adverse impact on YGSOFT's independence or the interests of its shareholders. The financial assistance and projected transactions are integral to supporting the company’s normal business operations and its leading position in the power industry's information technology sector.