Xin Lang Cai Jing·2025-12-12 12:17Core Viewpoint - The company and its subsidiaries expect to engage in daily related transactions with affiliated parties, specifically Changfei Fiber and its subsidiaries, amounting to no more than 480 million yuan by 2026, covering procurement of raw materials, labor services, and property leasing [1] Group 1 - The board of directors and the supervisory board approved the related party transactions on December 12, 2025, pending shareholder meeting approval [1] - In the first three quarters of 2025, Changfei Fiber reported total operating revenue of 10.275 billion yuan and a net profit of 541 million yuan [1] - The company believes that Changfei Fiber has good creditworthiness and performance capability, and that the related transactions will adhere to the principle of fairness without causing significant adverse effects on the company [1]