JinLongYu: Subsidiary overdue payment of financial assistance amounting to 27,469,100 yuan.
Jinlongyu announcement, the company previously transferred 100% equity of its wholly-owned subsidiary Zhalai Banner Hefeng Agriculture Co., Ltd., resulting in passive provision of financial assistance to companies outside the scope of the consolidated financial statements. As of the date of this announcement, Zhaqi Company is due to repay the principal of the financial assistance totaling 53.9 million yuan. The company has received a total of 26.95 million yuan in financial assistance payments from Zhaqi Company, and Zhaqi Company has overdue payments of 27.4691 million yuan in financial assistance, accounting for 0.03% of the audited net assets attributable to the shareholders of the listed company in 2025. The company has sent a collection letter to Zhaqi Company regarding the overdue debt and urged Zhaqi Company and the joint guarantor Ping Yajun to fulfill their repayment obligations.
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