CITIC Securities Co., Ltd.(600030) 证券之星·2025-03-27 14:28Summary of Key Points Core Viewpoint - The transaction between China Communications Design Consulting Group Co., Ltd. and China Communications Finance Co., Ltd. aims to optimize financial management, enhance fund utilization, and reduce financing costs and risks through a financial service agreement [1][5]. Group 1: Overview of Related Transactions - The financial service agreement will allow the finance company to provide deposit, loan, and settlement services to the company and its subsidiaries [1]. - The agreement is valid for one year and falls within the authority of the company's shareholders' meeting [1][2]. Group 2: Related Party Information - China Communications Finance Co., Ltd. was established on July 1, 2013, with a registered capital of 7 billion RMB [2]. - As of December 31, 2023, the finance company had total assets of 59.543 billion RMB and net assets of 10.811 billion RMB [2]. Group 3: Main Content of the Agreement - The finance company will provide payment and collection services, with fees not exceeding those of major domestic commercial banks [3]. - The interest rates for deposits will comply with the People's Bank of China regulations and will not be lower than those offered by major banks [3][4]. Group 4: Purpose and Impact of the Transaction - The transaction is designed to enhance financial management and does not harm the interests of the company or its shareholders, particularly minority shareholders [5]. - The company has conducted a risk assessment of the finance company, confirming its compliance with regulations and sound risk management practices [5][6]. Group 5: Approval Procedures - The transaction has been approved by the company's board of directors and supervisory board, with independent directors confirming that it does not harm shareholder interests [6][8]. - The proposal will be submitted for approval at the shareholders' meeting, with related shareholders required to abstain from voting [6][8].