The company and all members of the board guarantee that the information disclosed is true, accurate, and complete, without false records, misleading statements, or significant omissions.
I. Execution of Daily Related Transactions in 2008
In 2008, the company purchased titanium concentrate worth 53.16 million yuan, titanium dioxide worth 114.24 million yuan, and titanium slag worth 97.03 million yuan from the related party, Pangang Group Titanium Industry Co., Ltd. The company also sold titanium dioxide worth 550,000 yuan to Pangang Group International Economic and Trade Co., Ltd.
II. Expected Basic Situation of Daily Related Transactions from January to June 2009
| Transaction Type | Related Party | Transaction Content | Estimated Total Amount for H1 2009 (10,000 yuan) |
|---|---|---|---|
| Purchase of Raw Materials | - | Titanium Concentrate | 2,600 |
| Purchase of Raw Materials | - | High Titanium Slag | 4,500 |
| Purchase of Products | Pangang Group Titanium Industry Co., Ltd. | Titanium Dioxide | 5,500 |
| Sale of Products | Pangang Group International Economic and Trade Co., Ltd. | Titanium Dioxide | 600 |
| Total for H1 | - | - | 13,200 |