Zheng Quan Zhi Xing·2025-08-27 10:29Summary of Key Points Core Viewpoint The company intends to sign a lease agreement with Wuxi Yuyuan Industrial Group Co., Ltd. for additional employee accommodation and activity center space, which is deemed necessary for its operational growth and employee satisfaction [1][6]. Group 1: Overview of Related Transactions - The lease agreement involves renting 5,643.52 square meters of property for five years, with a total rental cost of 9.8257 million yuan [1][6]. - The rental price is set at 1.06 yuan per square meter per day, including tax [1][6]. Group 2: Related Party Information - Wuxi Yuyuan Industrial Group is a related party due to shared control by the same individual, Pu Yilong [2][3]. - The company has not engaged in significant related party transactions exceeding 30 million yuan in the past 12 months [2]. Group 3: Necessity and Impact of the Transaction - The company has experienced a compound annual growth rate of 6.70% in employee numbers over the past three years, necessitating additional accommodation [7]. - The new property location will facilitate better management of employees across different production sites and address increasing accommodation needs [7]. Group 4: Approval Process - The independent directors and the board of supervisors have approved the lease agreement, confirming compliance with relevant regulations [8][9]. - The proposal will be submitted for approval at the shareholders' meeting, with related shareholders required to abstain from voting [8].