济高发展: 济高发展关于全资子公司签署钢筋采购协议暨关联交易的公告

Core Viewpoint - The company announced that its wholly-owned subsidiary, Shandong Ruifuxiang Trading Co., Ltd., signed a steel procurement agreement with Jinan High-tech Holding Group Co., Ltd. for the supply of approximately 100,000 tons of steel at a price of (market price + 37) yuan per ton for projects developed in Shandong Province during the 2025-2026 period [1][2] Group 1: Transaction Overview - The board of directors approved the steel procurement agreement during a meeting held on August 1, 2025, and the transaction requires approval from the shareholders' meeting, with related shareholders needing to abstain from voting [1][2] - The procurement scale is approximately 100,000 tons, awarded through a public bidding process involving Ruifuxiang Trading and two other bidders [1][2] Group 2: Related Party Information - Jinan High-tech Holding Group, the related party, has a registered capital of 4 billion yuan and is fully owned by the Jinan High-tech Industrial Development Zone State-owned Assets Supervision and Administration Commission [2] - As of December 31, 2024, Jinan High-tech Holding Group reported total assets of 120.514 billion yuan and net assets of 33.638 billion yuan, with a revenue of 7.865 billion yuan and a net profit of 352 million yuan for the year [2] Group 3: Agreement Details - The procurement agreement stipulates that pricing will be based on real-time market prices from "My Steel Network," ensuring a market-oriented pricing mechanism [3][4] - The cooperation period for the agreement is set from June 2025 to June 2027, covering various terms including acceptance, breach of contract, and conditions for termination [3][4] Group 4: Purpose and Impact of the Transaction - The transaction aims to enhance the operational capabilities of Ruifuxiang Trading and increase its revenue, aligning with the company's overall interests and development needs [4] - The independent directors confirmed that the transaction adheres to principles of fairness and does not harm the interests of the company or its shareholders [4] Group 5: Approval Process - The independent directors reviewed and approved the transaction, stating it would improve the operational capacity of Ruifuxiang Trading and increase revenue [5] - The board meeting resulted in unanimous approval for the proposal, with related directors abstaining from the vote [5] Group 6: Previous Related Transactions - The company has previously engaged in related transactions with Jinan High-tech Urban Renewal Co., Ltd. and Jinan Dongjin Industrial Development Co., Ltd. for steel procurement contracts [6]