Core Viewpoint - The company has announced its expected related party transactions for the year 2025, amounting to RMB 117.85 million, which will be submitted for shareholder approval and is deemed fair and necessary for business operations [1][2][3]. Related Party Transaction Overview - The expected amount for related party transactions in 2025 is RMB 11,785.00 thousand [2]. - The transactions will include sales of products and services to related parties, with a focus on maintaining fair market practices and not harming the interests of minority shareholders [1][5]. Transaction Details - The company plans to engage in transactions with Vision Technology Co., Ltd., including the sale of silicon-based OLED microdisplay modules and the receipt of performance guarantees [4][5]. - The performance guarantees will not be used to offset payment for goods and will be returned based on actual procurement amounts [4]. Approval Process - The related party transactions have been reviewed and approved by the board of directors and will be presented to the shareholders for final approval [3][5]. - Independent directors and non-related board members participated in the decision-making process to ensure fairness [3]. Necessity and Fairness of Transactions - The related party transactions are necessary for the company's operational needs and are conducted under fair market conditions [5]. - The company maintains a stable partnership with related parties, which supports its ongoing business development without compromising independence [5].