Core Viewpoint - The announcement details the approval of an increase in the expected daily related party transaction limits for 2025 by Shandong Jinjing Technology Co., Ltd, emphasizing that these transactions are based on normal business operations and adhere to fair market pricing principles [1][2][6] Summary by Sections 1. Overview of New Daily Related Party Transaction Limits - The board of directors has approved the proposal for increasing the expected limits for daily related party transactions for 2025, confirming that these transactions are based on normal business operations and comply with principles of equality, voluntariness, and fairness [1][2] - The independent directors unanimously agree that the increase in expected transaction limits does not affect the company's independence or harm the interests of the company and its shareholders [2][3] 2. Details of the Adjusted Transaction Limits - The expected transaction limits for 2025 have been adjusted, with specific amounts outlined for transactions with related parties, including: - For Shandong Jinjing Pittsburgh Automotive Glass Co., Ltd, the expected amount is increased to 2,500 million RMB for processing services [3][4] - For Zibo Jinjing New Energy Co., Ltd, the expected amount is set at 1,355.41 million RMB for technical services [3][4] 3. Related Party Information and Relationships - The related parties involved include Zibo Jinjing New Energy Co., Ltd and Shandong Jinjing Pittsburgh Automotive Glass Co., Ltd, both of which have been identified as having normal contractual relationships with the company [4][5] - Financial data as of December 31, 2024, shows total assets of 20,083 million RMB and total liabilities of 5,329.33 million RMB for Zibo Jinjing New Energy Co., Ltd, while Shandong Jinjing Pittsburgh Automotive Glass Co., Ltd has total assets of 56,369.74 million RMB and total liabilities of 7,878.38 million RMB [4][5] 4. Purpose and Impact of Related Transactions - The increase in expected daily related party transaction limits is deemed necessary for production and operational needs, leveraging regional advantages and technological upgrades to enhance product functionality and broaden application scenarios [5][6] - The transactions are expected to improve the company's profitability without compromising its independence or creating dependency on related parties [6]
金晶科技: 金晶科技新增2025年度关联交易预计额度公告