Guangming Meat Industry: Plans to accept 200 million yuan in financial support from related parties.

Guangming Meat Industry announced that the company intends to accept a financial support of 200 million yuan from its controlling shareholder, Yimin Food, to its wholly-owned subsidiary, Guangming Agricultural and Animal Husbandry. The loan term is one year, with an interest rate no higher than the loan market quoted interest rate, and no collateral is required. This transaction constitutes a related party transaction but is exempt from the review and disclosure requirements for related party transactions and does not constitute a major asset reorganization. The matter has been approved by the twelfth meeting of the tenth board of directors and does not need to be submitted to the shareholders' meeting. This funding will help alleviate the companys financial pressure, reduce financial costs, and benefit long-term development.