Zhangzhou Development: Subsidiaries and related parties signed a material purchase and sales contract worth 8.8635 million yuan.
Announcement of Zhangzhou Development: Subsidiary Fujian Exhibition Heng Construction Group Co., Ltd. and affiliated company Fujian Zhanglong Pipeline Technology Co., Ltd. have signed a "Material Purchase and Sales Contract" with a total contract price of 8.8635 million RMB. This transaction involves the purchase of precast concrete and cement stabilized granular materials for the Fangjin Avenue road project. Zhanglong Pipe Industry is a subsidiary of the company's controlling shareholder, Fujian Zhanglong Group, and this transaction constitutes a related party transaction. The performance of the contract will not have a significant impact on the company's total assets, net assets, and net profit for the current and future accounting years.
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