Xiling Power plans to invest 15 million to support its holding subsidiary and improve its business layout

On October 17, 2025, Chengdu Xiling Power Technology Co., Ltd. announced that it plans to provide financial assistance of no more than 15 million yuan to its holding subsidiary Chengdu Xiling Intelligent Technology Co., Ltd. through borrowing from its own funds, with a term of 1 year and an annual interest rate of 3%. This matter has been approved by the fourth special meeting of independent directors of the company's fourth board of directors and the twenty-fifth meeting of the fourth board of directors. Xiling Intelligent was established in January 2024, with Xiling Power holding 65% of its shares. This funding is intended to pay for equipment procurement and related taxes, allowing the company to effectively control its funds, manage financial risks, and contribute to overall business development. This related party transaction does not require submission for shareholder meeting approval, and the sponsor institution has no objections to this