pingmei coal(SH:601666) Zheng Quan Zhi Xing·2025-06-25 18:29Core Viewpoint - The independent directors of Pingdingshan Tianan Coal Industry Co., Ltd. provided their opinions on the inquiries from the Shanghai Stock Exchange regarding related party transactions, financing leasing business, and advance payments, asserting the legitimacy and necessity of these transactions while ensuring no benefit transfer to related parties [1][2][4]. Related Party Transactions - In the reporting period, the company had sales to related party China Pingmei Shenma Group Co., Ltd. totaling 12.679 billion yuan and purchases amounting to 2.418 billion yuan, with significant increases noted [1] - The independent directors confirmed the reasonableness and necessity of the transactions with related parties, emphasizing that the transaction background is genuine and there is no benefit transfer to related parties [2]. Financing Leasing Business - The company’s subsidiary, Shanghai Guohou Financing Leasing Co., Ltd., was acquired for 183 million yuan to provide financial tools that align with the company's industrial services, aiming for synergistic development [2] - The subsidiary reported revenues of 115 million yuan, operating profit of 102 million yuan, and net profit of 77 million yuan during the reporting period [2]. - Independent directors stated that the financing leasing business enhances economic benefits and profitability for the company, adhering to principles of openness, fairness, and justice, with no benefit transfer to related parties [4]. Advance Payments - The company reported advance payments to Chaochuan Mine significantly exceeding the annual transaction amounts, with historical reasons cited for this situation [5]. - Independent directors confirmed that the increase in advance payments is supported by genuine business activities, with reasonable pricing and no benefit transfer to related parties [5].