Zheng Quan Zhi Xing·2025-08-29 17:12Core Viewpoint - The company, SANY Energy Co., Ltd., is increasing its expected daily related transactions for the year 2025, with a total expected amount of 749.51 million RMB, which requires approval from the shareholders' meeting [1][2][6]. Group 1: Daily Related Transactions Overview - The company held its first extraordinary shareholders' meeting on January 9, 2025, to approve the expected daily related transaction amount for 2025, which was initially set at 250 million RMB [1]. - The board of directors and independent directors unanimously approved the increase of the expected daily related transaction amount to 749.51 million RMB, with related directors abstaining from voting [2][5]. - The expected daily related transactions include procurement of materials, services, and leasing of properties and equipment from related parties [5][6]. Group 2: Transaction Details - The total expected daily related transaction amount is broken down into various categories, including procurement of materials and services, with specific amounts allocated to each category [2][3]. - The expected transaction amounts are based on the company's audited data for similar transactions in 2024, ensuring compliance with fair pricing principles [3][4]. Group 3: Purpose and Impact of Transactions - The related transactions are deemed necessary for the company's normal business operations and development, ensuring that they do not harm the interests of the company or its shareholders [5][6]. - The company maintains stable cooperative relationships with related parties, and these transactions are not expected to significantly impact the company's independence or reliance on related parties [6]. Group 4: Verification by Sponsor Institution - The sponsor institution, CITIC Securities, has verified that the decision-making process for increasing the expected daily related transactions complies with relevant regulations and the company's articles of association [6]. - The institution has no objections to the company's proposed increase in expected daily related transactions for 2025, affirming that they are necessary for daily operations [6].