A-Zenith(SH:603389) Zheng Quan Zhi Xing·2025-09-01 11:08Core Viewpoint - The announcement details a related party transaction involving the subsidiary Guangxi Zirconium Technology Co., Ltd., which requires shareholder approval and is conducted under fair and transparent principles to protect the interests of the company and minority shareholders [1][2]. Group 1: Related Party Transaction Overview - The related party transaction was approved by the board of directors with a unanimous vote from non-related directors, ensuring compliance with relevant regulations [1]. - The expected amount for the transaction in 2025 is 13,000 million yuan for the purchase of titanium ore from Harbour City, a company controlled by the major shareholder [2]. Group 2: Related Party and Transaction Details - Harbour City, located in Hong Kong, is a subsidiary with reported revenue of approximately 113.31 million yuan and a net profit of about 63.48 million yuan [2]. - The transaction pricing is based on market conditions and is designed to be fair and reasonable, ensuring it does not adversely affect the company's financial status or the interests of other shareholders [3]. Group 3: Purpose and Impact of the Transaction - The transactions are aligned with Guangxi Zirconium's normal business operations and are expected to support the subsidiary's development without compromising the company's independence or creating reliance on related parties [3].