Core Viewpoint - The company, Nanjing Tengya Precision Technology Co., Ltd., has announced an increase in the expected amount of daily related party transactions for the year 2025, reflecting the needs of its business operations and development [1][2]. Summary by Sections Daily Related Party Transactions Overview - The company previously estimated that the total amount of daily related party transactions for 2025 would not exceed 25 million yuan, which includes procurement of molds from Nanjing Tengya Robot Technology Co., Ltd. for 6 million yuan, sales of motors, battery packs, and other components to Anhui Tengya Robot Co., Ltd. for 14 million yuan, and sales of gardening tools to Nanjing Tengya Electromechanical Equipment Sales Co., Ltd. for 5 million yuan [1][2]. - The company has now increased the expected transaction amount with Nanjing Tengya Electromechanical to 15 million yuan, raising the total expected related party transactions to 26 million yuan [1][2]. Increase in Expected Transaction Amount - The company has approved an increase in the expected transaction amount with Anhui Robot for sales of motors, battery packs, and other components to 46 million yuan, and with Nanjing Electromechanical for sales of gardening tools to 5 million yuan, resulting in total expected transactions of 60 million yuan with Anhui Robot and 20 million yuan with Nanjing Electromechanical [2][4]. Financial Data of Related Parties - Anhui Tengya Robot Co., Ltd. has total assets of 35.4589 million yuan and a net asset of -0.23 million yuan as of March 31, 2025, with a revenue of 11.2617 million yuan and a net loss of -2.4549 million yuan for the first quarter of 2025 [5][6]. - Nanjing Tengya Electromechanical Equipment Sales Co., Ltd. has total assets of 14.2585 million yuan and a net asset of -0.0131 million yuan as of March 31, 2025, with a revenue of 8.5756 million yuan and a net loss of -0.0231 million yuan for the first quarter of 2025 [7][8]. Purpose and Impact of Related Transactions - The daily related party transactions are aimed at meeting the actual needs of business development and production operations, adhering to fair market principles, and ensuring that transaction prices are reasonable and do not adversely affect the company's financial status or operational results [9][10]. Opinions from Independent Directors and Sponsors - Independent directors have unanimously agreed that the increase in expected related party transaction amounts is reasonable and necessary for business development, ensuring that it will not harm the interests of the company or its shareholders [10]. - The sponsor has confirmed that the decision-making process complies with relevant regulations and does not harm the interests of non-related shareholders [10].