Zhejiang Dongri announced that the company plans to extend the 50 million yuan financial support amount for the participating company Fuding Hongzhu Real Estate Co., Ltd., from the date of review and approval by the shareholders' meeting until December 31, 2026, to settle the capital usage fee at no lower than the bank loan benchmark interest rate for the same period. As of the date of disclosure of the announcement, the actual balance of the funding plan was 42.9 million yuan. The company enjoys 20% of Fuding Hongzhu's shares, and Executive Deputy General Manager Ye Yuyu is also its vice chairman. The transaction constitutes a related transaction and does not constitute a major asset restructuring. The bill has been reviewed by the board of directors and still needs to be reviewed by the first extraordinary shareholders' meeting in 2026.

Zhitongcaijing · 2d ago
Zhejiang Dongri announced that the company plans to extend the 50 million yuan financial support amount for the participating company Fuding Hongzhu Real Estate Co., Ltd., from the date of review and approval by the shareholders' meeting until December 31, 2026, to settle the capital usage fee at no lower than the bank loan benchmark interest rate for the same period. As of the date of disclosure of the announcement, the actual balance of the funding plan was 42.9 million yuan. The company enjoys 20% of Fuding Hongzhu's shares, and Executive Deputy General Manager Ye Yuyu is also its vice chairman. The transaction constitutes a related transaction and does not constitute a major asset restructuring. The bill has been reviewed by the board of directors and still needs to be reviewed by the first extraordinary shareholders' meeting in 2026.