Holystar(SH:688330) Shang Hai Zheng Quan Bao·2025-12-18 19:33Core Viewpoint - The announcement details the expected daily related transactions of Shanghai Honglida Information Technology Co., Ltd., which are deemed necessary for normal business operations and will not harm the interests of the company or its shareholders, particularly minority shareholders [2][3]. Group 1: Daily Related Transactions Overview - The total expected amount for the daily related transactions is RMB 39 million, with a duration of six months from the date of board approval [3]. - The board of directors, excluding related directors, unanimously approved the proposal for daily related transactions, ensuring fairness and reasonable pricing [3][11]. - The independent directors have also reviewed and agreed that the transactions will not affect the company's independence or create significant reliance on related parties [3][13]. Group 2: Related Parties Information - The related party involved is Xiamen Hongyuan Shun Electric Equipment Co., Ltd., with a registered capital of RMB 33.3 million and established on January 24, 2025 [6][7]. - The main shareholder structure includes Honglida holding 30%, along with other partners holding the remaining shares [7]. - As of October 31, 2025, Hongyuan Shun reported total assets of RMB 13.2977 million and a net asset of RMB 10.5104 million, with an operating income of RMB 314,100 and a net loss of RMB 247,960 for the first ten months of 2025 [8]. Group 3: Transaction Details and Impact - The expected transactions will primarily involve the purchase of products and services from Hongyuan Shun, conducted under voluntary, equal, and mutually beneficial principles [11]. - The company will sign specific agreements for these transactions based on actual business needs, ensuring legal protection for performance [12]. - The daily related transactions are considered normal business activities and will not compromise the interests of the company or its shareholders, maintaining the company's independence [13].