JINSHENG(SZ:300849) 2 1 Shi Ji Jing Ji Bao Dao·2025-09-15 02:08Core Viewpoint - Jinsong New Materials (300849.SZ) has faced scrutiny due to its contractual dealings with Zhejiang Hongxiang Construction Engineering Co., Ltd., which involved significant financial transactions and potential governance issues [1] Group 1: Contractual Agreements - On December 6, 2021, Jinsong New Materials signed a construction contract with Zhejiang Hongxiang for a total amount of 118 million yuan, aimed at establishing a production project for 60 million sets of cosmetic packaging containers [1] - A supplementary agreement on December 22, 2022, increased the contract amount to 150 million yuan [1] Group 2: Related Party Transactions - The actual transaction amounts between Jinsong New Materials and Hongxiang Construction from 2022 to 2024 were 120 million yuan, 30 million yuan, and 2.8259 million yuan, representing 17.58%, 4.65%, and 0.45% of the audited net assets attributable to shareholders from 2021 to 2023, respectively [1] - In April 2025, Jinsong New Materials recognized these transactions as related party transactions, with the 2022 amount meeting the shareholder meeting review standard and the 2023 amount meeting the disclosure standard [1] Group 3: Regulatory Actions - The Shenzhen Stock Exchange issued a public reprimand to Jinsong New Materials and its executives, including Chairman Ruan Rongtao and General Manager Ruan Qijiang, for failing to timely fulfill review procedures and disclosure obligations [1]