
Costar Group: Plans to apply for a entrusted loan of 30 million yuan from its controlling shareholder
Costar Group announced that in order to broaden financing channels and meet funding needs, the company plans to apply for a entrusted loan of 30 million yuan from its controlling shareholder, the Equipment Group, which will be issued by the Construction Bank. The Equipment Group holds a total of 42.19% of the company's total share capital, and this matter constitutes a related party transaction. This proposal has been approved by the board of directors and independent directors, and does not require approval from the shareholders' meeting, nor does it constitute a major asset restructuring. The loan is a credit loan with a term of two years, an annual interest rate of 0.455%, with interest settled quarterly and principal repaid at maturity. The purpose is to supplement working capital and optimize the financing structure, without harming the interests of the company and minority shareholders. From the beginning of 2025 to the date of the announcement, there have been no other transactions except for daily related party transactions

