Guangming Meat announced that the company plans to accept financial support of 200 million yuan from the controlling shareholder Yimin Foods to the holding subsidiary Guangming Agriculture and Animal Husbandry. The loan period is one year, the interest rate is not higher than the interest rate quoted in the loan market, and no guarantee is required. This transaction constitutes a related transaction, but it is exempt from review and disclosure in accordance with related transactions, and does not constitute a major asset restructuring. The matter has been reviewed by the 12th meeting of the 10th board of directors, and there is no need to submit it to the shareholders' meeting. This funding will help ease the company's financial pressure, reduce financial costs, and facilitate long-term development.

Guangming Meat announced that the company plans to accept financial support of 200 million yuan from the controlling shareholder Yimin Foods to the holding subsidiary Guangming Agriculture and Animal Husbandry. The loan period is one year, the interest rate is not higher than the interest rate quoted in the loan market, and no guarantee is required. This transaction constitutes a related transaction, but it is exempt from review and disclosure in accordance with related transactions, and does not constitute a major asset restructuring. The matter has been reviewed by the 12th meeting of the 10th board of directors, and there is no need to submit it to the shareholders' meeting. This funding will help ease the company's financial pressure, reduce financial costs, and facilitate long-term development.