According to the first share announcement, the company plans to provide perpetual debt financing to the controlling shareholder, Beijing Capital Development Holdings Co., Ltd., with a total amount of no more than 4 billion yuan. The annualized interest rate is +40BP in the 5-year loan market. The LPR is adjusted at the beginning of each interest payment period, and interest rates will not rise during the period of existence. The specific period and use are subject to the contract signed by the two parties. This transaction constitutes a related transaction and does not constitute a major asset restructuring. The controlling shareholders and their concerted actors will abstain from voting during the review. The company plans to request the shareholders' meeting to authorize the board of directors and management to handle matters related to this financing.

According to the first share announcement, the company plans to provide perpetual debt financing to the controlling shareholder, Beijing Capital Development Holdings Co., Ltd., with a total amount of no more than 4 billion yuan. The annualized interest rate is +40BP in the 5-year loan market. The LPR is adjusted at the beginning of each interest payment period, and interest rates will not rise during the period of existence. The specific period and use are subject to the contract signed by the two parties. This transaction constitutes a related transaction and does not constitute a major asset restructuring. The controlling shareholders and their concerted actors will abstain from voting during the review. The company plans to request the shareholders' meeting to authorize the board of directors and management to handle matters related to this financing.