Shang Hai Zheng Quan Bao·2025-04-11 20:04Core Viewpoint - The announcement details the expected related party transactions for Shanghai Baoxin Software Co., Ltd. for the year 2025, which require approval from the shareholders' meeting and are conducted in a fair and transparent manner to protect the interests of all shareholders [2][3]. Group 1: Related Party Transactions Overview - The 2025 annual related party transactions are estimated at 1,147,000 thousand RMB, with a floating upper limit of 10% [6]. - The transactions are based on the company's operational needs and business development progress, with actual amounts determined by market conditions and specific execution progress [4][5]. - The board of directors and independent directors have approved the proposal, and related shareholders must abstain from voting at the shareholders' meeting [3]. Group 2: Related Parties and Their Roles - China Baowu Steel Group Co., Ltd. is the actual controller of the company and is classified as a related party under stock listing rules, with a strong履约能力 [8][9]. - Baoshan Iron & Steel Co., Ltd. is the controlling shareholder and also classified as a related party, maintaining a normal operating status and good履约能力 [9]. - Baowu Group Finance Co., Ltd. is a subsidiary of China Baowu Steel Group and is also a related party, providing various financial services to the company [10]. Group 3: Pricing Policy and Transaction Impact - The pricing policy for related party transactions adheres to the company's management system, utilizing government pricing, market pricing, or contractual pricing as applicable [10]. - The company has a long-standing relationship with Baowu Group, providing information technology and automation solutions, which necessitates ongoing related party transactions [10]. - The transactions are deemed fair and compliant with legal requirements, ensuring that they do not harm the interests of minority shareholders or affect the company's independence [10].