Shaanxi Black Cat: plans to accumulate a total loan of no more than 2 billion yuan to the controlling shareholder by 2026.

Shaanxi Black Cat announced that the company plans to borrow no more than 2 billion yuan from its controlling shareholder, Yellow River Mining, by 2026. The loan will have a term until 2026, be revolving, have an interest rate not higher than the same period's LPR, and does not require collateral. This constitutes a related-party transaction but does not qualify as a major asset restructuring and therefore does not require shareholder approval. In 2025, the company was granted a loan of up to 2 billion yuan from Yellow River Mining, and as of the date of this announcement, a total of 813 million yuan in principal and interest has been repaid. Yellow River Mining holds a 45.14% stake in the company, with total assets of 9.381 billion yuan and revenue of 377 million yuan by the end of September 2025. The company's net profit was -43,034,400 yuan.