Core Viewpoint - The document outlines the decision-making system for related party transactions of Zhejiang Shuangyuan Technology Co., Ltd, ensuring fairness, transparency, and protection of the rights of non-related shareholders [1][2]. Group 1: Related Party Definition - Related parties include individuals or entities that can control or significantly influence the company, such as shareholders holding more than 5% of shares, directors, and senior management [2][3]. - The definition of related parties also extends to family members of the aforementioned individuals, including spouses and children [2][3]. Group 2: Related Transactions - Related transactions encompass various activities, including asset purchases or sales, investments, and agreements for the use of licenses [5][6]. - The company must ensure that related transactions adhere to principles of honesty, do not harm the interests of the company and non-related shareholders, and involve avoidance of voting by related parties [6][7]. Group 3: Decision-Making Procedures - The company must implement necessary avoidance measures when signing contracts with related parties, ensuring that related directors do not participate in voting [11][12]. - Related transactions exceeding certain thresholds require approval from independent directors and must be disclosed [11][12]. Group 4: Pricing of Related Transactions - Related transactions must be documented in written agreements that specify pricing policies, ensuring that prices are fair and based on market standards [14][15]. - If no comparable market prices exist, the company must provide a rationale for the pricing method used [15][16]. Group 5: Exemptions from Procedures - Certain transactions, such as cash subscriptions for public offerings or transactions with government-set prices, may be exempt from the usual approval and disclosure requirements [17][18]. - The company can also exempt transactions where related parties provide guarantees without the company offering counter-guarantees [18].
双元科技: 关联交易决策制度