Core Viewpoint - The article discusses a related party transaction by Xinghua Co., Ltd. aimed at addressing the issue of competition arising from the production of ethanol by Yulin Kaiyue Coal Chemical Co., Ltd. [1] Group 1: Transaction Details - The transaction involves the overall management of sales rights for products such as ethanol and methyl acetate from Kaiyue Coal Chemical to Xinghua Co., Ltd. to mitigate competition [1] - During the management period, all business revenues, costs, expenses, and profits related to these products will be independently borne and enjoyed by Kaiyue Coal Chemical [1] - Xinghua Co., Ltd. will receive an annual management fee of 5 million yuan (including tax) as compensation for the management services provided [1] Group 2: Agreement Specifics - The specific details regarding the scope of management, duration, processes, and fee standards are outlined in the "Product Sales Rights Management Agreement" [1]
兴化股份(002109.SZ):与关联方签署《产品销售权托管协议》