Securities Code: 002046 Securities Abbreviation: Guoji Jinggong Announcement No.: 2025-028
National Machinery Industry Co., Ltd. Announcement on Supplementary Confirmation of 2024 Related Party Transactions
The Company and the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or significant omissions.
I. Overview of Supplementary Confirmation of 2024 Related Party Transactions
At the 34th meeting of the 7th Board of Directors held on April 11, 2024, the Company approved the estimated total amount of daily related party transactions for 2024 between the Company and its holding subsidiaries and Bai Ge Abrasives & Grinding Tools Co., Ltd. (hereinafter referred to as "Bai Ge Company") and its subsidiaries for purchasing goods, receiving labor services, selling goods, and providing labor services, not exceeding RMB 70 million. The actual amount of daily related party transactions in 2024 was RMB 8,396.54 million, exceeding the estimated amount by RMB 1,396.54 million, which did not meet the deliberation and disclosure standards.
In addition to daily related party transactions, in 2024, the Company and its holding subsidiaries incurred rental expenses of RMB 894.53 million for leasing assets from Bai Ge Company. The total amount of daily and non-daily related party transactions with Bai Ge Company and its subsidiaries as a single entity was RMB 9,300.51 million, exceeding the amount for which deliberation procedures were completed by RMB 2,300.51 million. The excess portion meets the deliberation and disclosure standards, and supplementary confirmation of related party transactions is now being made. The specific details are as follows: