Announcement on Estimated Annual Related Party Transactions for 2026
The company and the board of directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false records, misleading statements, or material omissions.
I. Basic Situation of Related Party Transactions
(I) Overview of Related Party Transactions
Huagong Technology Industrial Co., Ltd. (hereinafter referred to as "Huagong Technology" or "the Company") held the 22nd meeting of the 9th Board of Directors on March 24, 2026, and reviewed and approved the "Proposal on Estimated Annual Related Party Transactions for 2026". In accordance with the needs of daily operations and business development, the Company has reasonably estimated the amount of related party transactions for 2026: The Company and its subsidiaries plan to conduct related party transactions with Wuhan Wugang Huagong Laser Large Equipment Co., Ltd. (hereinafter referred to as "Wugang Huagong Laser"), Baoji Huagong Laser Technology Co., Ltd. (hereinafter referred to as "Baoji Huagong Laser"), Wuhan Yunling Optoelectronics Co., Ltd. (hereinafter referred to as "Yunling Optoelectronics"), Shanghai Huagong Hengrui Laser Technology Co., Ltd. (hereinafter referred to as "Huagong Hengrui Laser"), Wuhan Huagong Zhijun Technology Co., Ltd. (hereinafter referred to as "Huagong Zhijun"), Wuhan Donghu Innovation Investment Co., Ltd. (hereinafter referred to as "Donghu Venture Capital"), Lingyun Huagong Intelligent System (Wuhan) Co., Ltd. (hereinafter referred to as "Lingyun Huagong Intelligent"), Huagong Shuzhi (Wuhan) Technology Co., Ltd. (hereinafter referred to as "Huagong Shuzhi"), and Wuhan Huagong Ruiyuan Technology Venture Capital Co., Ltd. (hereinafter referred to as "Huagong Ruiyuan"). The estimated amount of daily related party transactions is RMB 21,459.80 million. The actual amount of daily related party transactions in 2025 was RMB 16,072.47 million.
This matter has been reviewed and approved by the second special meeting of independent directors of the 9th Board of Directors in 2026. All independent directors unanimously agreed to submit this matter to the Board of Directors for review.
Related directors Mr. Ma Xinqiang, Ms. Ai Jiao, Mr. Liu Hanshu, Mr. Xiong Wen, and Ms. Huang Xinhua abstained from voting. In accordance with the "Shenzhen Stock Exchange Stock Listing Rules" and the "Company Articles of Association" and other relevant regulations, this matter does not need to be submitted to the Company's shareholders' meeting for review.
(II) Categories and Amounts of Estimated Related Party Transactions
According to the requirements of the "Shenzhen Stock Exchange Stock Listing Rules" and the Company's production and operation situation in 2025, the Company's estimated related party transactions for 2026 are as follows: