Minmetals Capital announced that the company plans to sign a “perpetual bond agreement” with the actual controller, China Minmetals, to invest 2.1 billion yuan in perpetual debt to the company for a period of 5+N years. The funds have already been disbursed through an earlier “Internal Loan Agreement”. This transaction constitutes a related transaction, does not constitute a major asset restructuring, and still needs to be reviewed and approved by the company's shareholders' meeting. After the transaction is completed, the company's liabilities will decrease, net assets will increase, and the balance ratio will be reduced, which will not have a significant impact on net profit.

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