QM HOME(SH:603818) Zheng Quan Zhi Xing·2025-08-29 17:57Core Viewpoint - The document outlines the management system for related party transactions of Qu Mei Home Group Co., Ltd, emphasizing the need for fairness, transparency, and compliance with relevant regulations to protect the interests of shareholders and creditors, especially minority investors [2][5][18]. Group 1: General Principles - The management system aims to strengthen the oversight of related party transactions, ensuring that contracts are fair, open, and equitable [2]. - Related party transactions include various activities such as asset purchases, financial assistance, and service provision [2][5]. - The document defines related parties, including both legal entities and natural persons, and outlines the criteria for identifying them [3][5]. Group 2: Pricing and Management of Related Transactions - The pricing of related party transactions should primarily follow market prices; if unavailable, cost-plus pricing or negotiated prices may be used [4][11]. - The financial department is responsible for tracking market price changes and reporting them to the board [12]. - Independent financial advisors may be engaged to assess the fairness of transaction prices when necessary [8][12]. Group 3: Approval Procedures - Transactions exceeding certain thresholds require approval from independent directors and must be disclosed [9][16]. - Related party transactions must be reviewed by the board, with related directors abstaining from voting [30][31]. - The company must ensure that related party transactions do not lead to the misuse of company resources [8][18]. Group 4: Disclosure Requirements - The company is required to disclose details of related party transactions, including the nature of the relationship, pricing policies, and the impact on financial performance [18][42]. - Specific transactions that benefit the company without any obligations may be exempt from the usual approval and disclosure processes [43].