I. Overview of Daily Related Transactions
(1) Basic Information of the Transactions
Hangzhou Chuhuan Technology Co., Ltd. (hereinafter referred to as "the Company")'s wholly-owned subsidiary, Hangzhou Qihang Future Enterprise Management Co., Ltd. (hereinafter referred to as "Qihang Future Enterprise"), intends to sign "Lease Contracts" and "Management Contracts" at market prices with related parties Hangzhou Dongshi Technology Co., Ltd. (hereinafter referred to as "Dongshi Technology") and Hangzhou Hubei Chamber of Commerce. The properties located at Room 603 and Room 605, Chuhuan Technology Building A, No. 388 Xingqiao Street, Gongshu District, Hangzhou, Zhejiang Province, will be leased to Dongshi Technology for use, along with management services. The property at Room 202, Chuhuan Technology Building A, will be leased to the Hangzhou Hubei Chamber of Commerce, also with management services. The lease term for both agreements is three years. The Company’s wholly-owned subsidiary, Hangzhou Qihang Future Property Management Co., Ltd. (hereinafter referred to as "Qihang Future Property"), intends to sign "Property Service Agreements" at market prices with related parties Dongshi Technology and Hangzhou Hubei Chamber of Commerce to provide property services. During the lease term, Qihang Future Enterprise and Qihang Future Property are expected to charge Dongshi Technology a total of no more than 1 million yuan for leasing, management, and property services, and charge the Hangzhou Hubei Chamber of Commerce a total of no more than 900,000 yuan, with the specific amounts to be settled accordingly.
(2) Related Transactions
The related parties, Hangzhou Dongshi Technology Co., Ltd. and Hangzhou Hubei Chamber of Commerce, have the following relationships with the Company:
| No. | Related Party Name | Relationship with the Company |
|---|---|---|
| 1 | Hangzhou Dongshi Technology Co., Ltd. | The Company’s board secretary, Chen Zhaoxia, serves as the executive director and general manager, and legal representative of Dongshi Technology, which is controlled by Chen Zhaoxia. |
| 2 | Hangzhou Hubei Chamber of Commerce | The Company’s chairman and general manager, Chen Budong, serves as the president and legal representative of the Hangzhou Hubei Chamber of Commerce. |
| The Company’s board of directors guarantees that the information disclosed is true, accurate, and complete, without false records, misleading statements, or significant omissions. |
(3) Review Situation
The Company held the fourth meeting of the third board of directors on September 18, 2025, where the proposal on daily related transactions of the wholly-owned subsidiary was approved with 6 votes in favor, 0 against, and 0 abstentions. Related directors Chen Budong, Xu Shiyong, and Wu Yibo abstained from voting. This proposal was reviewed and approved by