CMLOG(SH:603967) Zheng Quan Zhi Xing·2025-03-28 12:21Core Viewpoint - The announcement confirms the approval of the 2024 annual routine related party transactions and the estimated transactions for 2025, emphasizing that these transactions are reasonable, necessary, and fair in pricing, without harming the interests of the company and its shareholders [1][2]. Summary of Related Party Transactions - The routine related party transactions for 2024 have been approved by the company's board and will be submitted for shareholder approval [1]. - The transactions are deemed reasonable and necessary, following the required decision-making procedures, and do not affect the company's independence [1][2]. - The estimated routine related party transactions for 2025 have been projected based on the company's operational needs [1]. 2024 Routine Related Party Transactions - The total estimated amount for routine related party transactions in 2024 is CNY 127,260,000, with actual amounts reaching CNY 127,582,802.05 [3][4]. - Specific transactions include: - Qingdao Port Lianxin International Logistics Co., Ltd.: Estimated CNY 81,220,000, Actual CNY 81,022,872.03 for comprehensive logistics services [3]. - Rizhao Port Jifa Yuanda International Logistics Co., Ltd.: Estimated CNY 3,970,000, Actual CNY 6,607,719.46 for comprehensive logistics services [3]. - Shandong Rishun International Supply Chain Management Co., Ltd.: Estimated CNY 3,770,000, Actual CNY 7,876,528.28 for comprehensive logistics services [3]. - Ningbo Meishan Bonded Port Area Yuanda Supply Chain Management Co., Ltd.: Estimated CNY 6,210,000, Actual CNY 7,974,628.47 for comprehensive logistics services [3]. 2025 Estimated Routine Related Party Transactions - The estimated total for 2025 routine related party transactions is CNY 118,244,000, with specific categories and amounts projected for various related parties [5]. - Notable estimates include: - Qingdao Port Lianxin International Logistics Co., Ltd.: Estimated CNY 76,714,000 for comprehensive logistics services [5]. - Rizhao Port Jifa Yuanda International Logistics Co., Ltd.: Estimated CNY 13,055,000 for comprehensive logistics services [5]. - Shandong Rishun International Supply Chain Management Co., Ltd.: Estimated CNY 15,575,000 for comprehensive logistics services [5]. Related Party Overview - The announcement includes details about the related parties involved in the transactions, their financial status, and the nature of their relationships with the company [8][9]. - The related parties are engaged in logistics services, supply chain management, and asset leasing, with established financial metrics indicating their operational capacity [8][9]. Transaction Principles and Impact - The company adheres to principles of equality, voluntariness, and fair pricing in its related party transactions, ensuring that these do not harm the interests of the company or its minority shareholders [9]. - The routine related party transactions are essential for the company's normal operations and are conducted at market fair prices [9].