Prior to the examination, Biology: plans to pay 4.9 million yuan to sign a cooperation research and development agreement with Huazhong Agricultural University.
Notice from the Biology Department: After competitive negotiations with Huazhong Agricultural University, the company has obtained cooperation in the research and development of four projects. It is planned to sign a joint development agreement with Huazhong Agricultural University, with a total payment of 4.9 million RMB. The technical achievements and intellectual property rights generated from the cooperative research and development projects will be jointly owned by the company and Huazhong Agricultural University. This related party transaction does not constitute a major asset restructuring, has been approved by the board of directors and the supervisory board, and does not require approval by the shareholders' meeting.
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