YCIH Green High-Performance Concrete Company Limited (Stock Code: 1847) released a circular detailing three major transactions and/or connected transactions. The first involves a 2026-2028 Financial Services Framework Agreement with YCIH, covering deposit services, bills acceptance and discount, and factoring. The proposed annual caps for each service range from RMB30 million to RMB300 million based on anticipated business needs and historical usage.
In the second transaction, the existing 2025 annual cap under the 2025-2027 Land and Property Leasing Framework Agreement is raised from RMB8 million to RMB37.25 million. The increase is partly attributed to a new lease contract signed by a subsidiary for properties in Anning City, Yunnan Province. The relevant lease will continue to be evaluated based on comparable local market rates and recorded as right-of-use assets in the Company’s financial statements.
Lastly, the Company entered into a Guarantee Agreement to support financing for the Anning Phosphogypsum Comprehensive Utilization Project. An RMB84 million fixed-asset loan is jointly guaranteed by a subsidiary and YCIH, with the Company’s management indicating that the guarantee helps secure project construction and is in line with resource utilization objectives. Shareholders will vote on these matters at the Extraordinary General Meeting on March 4, 2026.