Jilin Liyuan Precision Manufacturing (002501.SZ) plans to transfer certain non-performing claims to its indirect controlling shareholder, Suzhou Baisheng.

Jilin Liyuan Precision Manufacturing (002501.SZ) announced that the company and its indirect controlling shareholder, Suzhou Baisheng Real Estate Co., Ltd. (hereinafter referred to as "Suzhou Baisheng"), intend to sign a "Claims Transfer Agreement" to transfer certain non-performing claims held by the company to Suzhou Baisheng, for the purpose of offsetting part of the company's loan debt owed to Suzhou Baisheng, with an offset amount of RMB 41.2334 million. After the completion of this transaction, the company will effectively divest the aforementioned non-performing claim assets, reduce the risk of claim recovery, and at the same time reduce external liabilities, thereby optimizing its asset-liability structure.