National Science and Technology WeChat: plans to add 60 million yuan to purchase orders for raw materials and products to large fund subsidiaries

On July 30th, the national science micro announcement showed that Jiangsu Xinsheng Intelligent Technology Co., Ltd., a related party of the company, and its subsidiaries (hereinafter referred to as "Jiangsu Xinsheng and its subsidiaries") were required to have daily related party transactions in 2021. It is expected that the company (including subsidiaries and subsidiaries) will provide technology development services to Jiangsu Xinsheng and its subsidiaries in 2021, with an estimated amount of 7 million yuan and sales of raw materials of 3 million yuan. The total amount is expected to be 10 million yuan. It is expected to receive technology development / testing services from Jiangsu Xinsheng and its subsidiaries with an estimated amount of 124 million yuan; purchase raw materials with an estimated amount of 6 million yuan; and the total amount is expected to be 130 million yuan.

Guoke Weiwei said that due to the needs of future business development, the company is expected to add daily related party transactions in 2021, and the company (including branches and subsidiaries) is expected to increase sales of raw materials to Jiangsu Xinsheng and its subsidiaries by 2 million yuan in 2021; purchase new raw materials and finished products from Jiangsu Xinsheng and its subsidiaries, with an estimated amount of 60 million yuan.

Tianyan survey shows that Jiangsu Xinsheng Intelligent Technology Co., Ltd. is 50.1% owned by Hunan Xinsheng equity investment partnership (limited partnership), and 49.9% directly held by large funds.

National Science Wei pointed out that the new daily related transactions with the above-mentioned related parties are to meet the normal needs of the company's business development and production and operation, and the parties will follow the pricing principles of equality, mutual benefit and paid equality. the price of related party transactions is determined by referring to the market price and fair and reasonable negotiation. The transactions of all parties are normal commercial transactions, and there is no situation that harms the interests of the company and minority shareholders. The company's new daily related party transactions with the above-mentioned related parties will not affect the company's independence, and the company's main business will not rely on the related parties as a result of such transactions.