Core Viewpoint - The company, MacroLink Construction (宏信建发), has announced a new materials procurement framework agreement with Shangyu Boteng, which will govern ongoing related transactions following the expiration of the current procurement agreement on December 31, 2025 [1]. Group 1: Agreement Details - The new materials procurement framework agreement will be established on February 3, 2026, and will last until December 31, 2028, with a maximum procurement cost of RMB 120 million to be paid to Shangyu Boteng and its affiliates [1]. Group 2: Supplier Relationship - Shangyu Boteng has been supplying various professional components for the company's ringlock scaffolding since before its listing, providing the company with a deep understanding of its production technology and quality control capabilities [2]. - The proximity of Shangyu Boteng to the company's operational base in Jinshan District, Shanghai, helps reduce transportation costs [2]. - Compared to other independent suppliers, Shangyu Boteng generally offers longer warranty periods and better payment, warranty, and maintenance terms, making it a reliable and cost-effective supplier [2]. - The company believes that Shangyu Boteng can provide professional materials in a reliable and cost-effective manner, with competitive pricing compared to similar materials from independent third parties [2].

Core Viewpoint - The company, Macro Holdings (09930), has announced a new materials procurement framework agreement with Shangyu Boteng, effective February 3, 2026, to regulate ongoing related transactions, with a maximum procurement cost of RMB 120 million until December 31, 2028 [1]. Group 1 - The existing materials procurement agreement will expire on December 31, 2025, necessitating the new framework agreement [1]. - The total materials procurement fees to be paid to Shangyu Boteng and its affiliates will not exceed RMB 120 million over the specified period [1]. Group 2 - Shangyu Boteng has been supplying various professional components for the company's projects, such as couplers, discs, and supports, since before the company went public, demonstrating a strong understanding of the company's production technology and quality control capabilities [2]. - The proximity of Shangyu Boteng to the company's operational base in Jinshan District, Shanghai, helps reduce transportation costs [2]. - Compared to other suppliers, Shangyu Boteng generally offers longer warranty periods and better payment, warranty, and maintenance terms, making it a reliable and cost-effective partner [2].