Hangzhou High-tech Zone: It is expected to have a daily related party transaction of 150 million RMB with Sun Cable in 2026.
Hangzhou High-tech announced that, due to business development and operational needs, the company and its controlling subsidiaries intend to cooperate with Sun Cable in the sales of polymer rubber materials and the leasing of housing and equipment. It is expected that by 2026, there will be regular related transactions totaling 149.7 million yuan. Among them, the estimated amount for the sale of polymer cable materials is 145 million yuan, and the estimated amount for leasing housing and equipment is 4.7 million yuan. This matter has been reviewed by the Independent Directors' Special Meeting and the Board of Directors, and still needs to be approved by the Shareholders' Meeting. It does not constitute a significant asset restructuring. In 2025, the actual sales and leasing of housing and equipment to Sun Cable by the company were lower than the estimated amount, mainly due to changes in the market environment and Sun Cable reducing purchases.
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