KEC: Providing a entrusted loan of 70 million yuan to the holding subsidiary Carbon Chemical

Zhitong
2025.07.28 08:36

KEC announced that it will provide financial assistance of 70 million yuan to its controlling subsidiary Tangshan KEC Carbon Chemical Co., Ltd. through entrusted loans, with a term of 1 year and an interest rate of 2.20%. This matter has been approved by the company's eighth board of directors at its fifth meeting and the 2024 annual general meeting of shareholders. As of the end of March 2025, the total assets of the carbon chemical company amounted to 669.79 million yuan, total liabilities were 389.78 million yuan, and the asset-liability ratio was 58.19%. The net profit from January to March 2025 was 90,500 yuan. After this assistance, the total balance of the company's financial assistance will be 314.4 million yuan, accounting for 2.20% of the most recent audited net assets, with no overdue situations

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