Zheng Quan Zhi Xing·2025-08-29 16:52Core Viewpoint - The company has announced an increase in the estimated amount for daily related transactions for the year 2025, which is deemed a normal market behavior and aligns with the company's operational needs, ensuring no harm to the interests of shareholders, especially minority shareholders [1][2][6]. Summary of Daily Related Transactions - The company approved an increase in the estimated amount for daily related transactions by 280 million yuan for 2025, following a unanimous vote from the board of directors [2][5]. - The previous estimated amount for related transactions with Anyang Iron and Steel Group Co., Ltd. was set at 2.67 billion yuan, with actual transactions amounting to 1.0090468 billion yuan [2][3]. - The increase in the estimated amount is within 5% of the company's latest audited net assets, thus not requiring shareholder meeting approval [2][3]. Previous Transaction Performance - The previous estimated amount for related transactions included 2.4 billion yuan for purchasing goods and services from Anyang Iron and Steel Group, with actual transactions totaling 862.1671 million yuan [3][4]. - The company’s subsidiary, Zhengzhou Coal Mining Machinery Group Material Supply and Marketing Co., Ltd., has expanded its trading scope to include steel billets, necessitating the increase in estimated transactions [3][4]. Transaction Pricing and Policies - The pricing for related transactions will be based on market principles, including public bidding and fair negotiation, ensuring fairness and reasonableness in contract terms [5][6]. - The company will sign relevant contracts with related parties to ensure legal protection for the transactions [5]. Impact on Company Operations - The daily related transactions are essential for the company's ongoing business operations and are considered normal market activities that support the company's operational continuity [5][6]. - The company maintains its independence and will not become reliant on related parties due to these transactions [1][6].