Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-09-27 00:43Group 1 - The company held its 2025 fifth interim board meeting on September 26, 2025, to discuss and approve several related party transactions [2][3][6] - The board approved the acquisition of a 26.0006% stake in Hisense (Guangdong) Kitchen and Bath Systems Co., Ltd. from Hisense Visual Technology Co., Ltd. for a total price of approximately RMB 94.29 million, based on an assessed value of RMB 150.50 million [6][15][21] - The board also approved the sale of non-core manufacturing assets, including the Huangdao Visual Plastic Workshop asset group, to Hisense Visual Technology for approximately RMB 140.59 million [9][24][30] Group 2 - The company aims to optimize its asset structure and improve operational efficiency by divesting non-core assets and focusing on its main business [10][31][45] - The independent directors unanimously agreed on the transactions, stating that they would not adversely affect the company's financial status or harm the interests of shareholders, particularly minority shareholders [7][32][46] - The total amount of related party transactions with Hisense Group and its subsidiaries over the past 12 months reached approximately RMB 38.79 billion [46]