Zheng Quan Zhi Xing·2025-08-27 15:14Core Viewpoint - The company plans to adjust the expected limits for daily related transactions with China General Nuclear Power Group from 2025 to 2027, increasing the maximum annual amounts significantly to meet operational needs and project demands [1][2][3]. Summary by Sections Daily Related Transactions Overview - The total expected upper limit for daily related transactions between the company's subsidiaries and China General Nuclear Power Group for 2025, 2026, and 2027 is set at RMB 56.40 billion [1]. - The company aims to adjust the upper limits for comprehensive services and technical support, increasing the amounts to RMB 81.45 billion for 2025, RMB 83.35 billion for 2026, and RMB 89.35 billion for 2027 [2][3]. Reasons for Adjustment - The increase in expected transaction amounts is due to the anticipated growth in demand for services such as catering, property management, transportation, and technical support related to nuclear power projects [2]. - The adjustments reflect the company's operational needs and the expected increase in service requirements from ongoing and future nuclear projects [2][3]. Approval Process - The board of directors approved the adjustment proposal, with independent directors reviewing and voting on the matter [3][21]. - The proposal will require approval from the shareholders' meeting, with related parties abstaining from voting [21]. Financial Impact - The adjustments will not exceed 5% of the company's latest audited net assets, ensuring compliance with relevant regulations [3]. - The expected increases in transaction limits are based on historical transaction volumes, production capabilities, and market price changes [12][20]. Related Party Information - China General Nuclear Power Group is the controlling shareholder of the company, providing various services including comprehensive and technical support [6][19]. - The financial data of China General Nuclear Power Group indicates strong asset and profit figures, supporting its capacity to fulfill the service agreements [6][7]. Transaction Necessity and Fairness - The ongoing relationship with China General Nuclear Power Group is deemed necessary for the company's operations, ensuring access to high-quality services [19]. - The pricing for the related transactions is based on market principles, ensuring fairness and compliance with regulatory standards [20].