Flower King Eco-Engineering(SH:603007) Xin Lang Cai Jing·2025-08-22 12:48Core Viewpoint - The company *ST Huawang announced that its wholly-owned subsidiary, Suzhou Shunjing Integrated Circuit Co., Ltd., plans to purchase inertial sensor module and system-related R&D and production equipment from Suzhou Yiboda Micro System Technology Co., Ltd. for a contract amount of 3.8 million yuan. This transaction constitutes a related party transaction as Yiboda is controlled by the company's actual controller, Mr. Xu Liang. The transaction is expected to reduce costs and time investments, accelerate the launch of new products, and enhance the company's future industrial chain construction and upgrade [1]. Group 1 - The contract amount for the transaction is 3.8 million yuan [1] - The transaction is approved by the company's fifth board of directors' independent directors and does not require shareholder approval [1] - The transaction aims to reduce costs and time investments for the company [1] Group 2 - The related party involved in the transaction is Suzhou Yiboda Micro System Technology Co., Ltd., which is controlled by Mr. Xu Liang [1] - The transaction is expected to accelerate the introduction of new production capabilities and enhance the company's industrial chain [1] - The approval process included a special meeting of independent directors and subsequent board meetings [1]