Announcement on the Estimated Quota for Routine Related Transactions in 2026
In order to standardize the related transaction behavior of Hengdian Group Dongci Co., Ltd. (hereinafter referred to as "the Company"), and in accordance with the relevant provisions of the "Shenzhen Stock Exchange Stock Listing Rules" (hereinafter referred to as "Listing Rules"), "Self-Regulatory Guidelines No. 1 for Listed Companies on the Main Board - Standardized Operations," "Self-Regulatory Guidelines No. 7 for Listed Companies on the Shenzhen Stock Exchange - Transactions and Related Transactions," and the Company's related transaction decision-making system, the Company hereby provides the following explanation regarding the estimated quota for routine related transactions in 2026:
1. Overview of Routine Related Transactions
(1) Overview of Related Transactions
Due to the needs of the Company's business development, the Company and its subsidiaries will engage in certain related transactions with Hengdian Group Holdings Co., Ltd. (hereinafter referred to as "Hengdian Holdings") and its subsidiaries or other enterprises that can exert influence over them (hereinafter referred to as "related parties"). The estimated amount for routine related transactions in 2026 is 518.5 million yuan, primarily involving procurement of products, sales of products, fuel, thermal power, commissioned processing, catering services, engineering contracting, and leasing. The above quota is valid from the date of approval by the Company's second extraordinary general meeting in 2025 until the annual general meeting in 2026.
(2) Review Procedures
In accordance with the "Listing Rules" and the Company's Articles of Association, the independent directors have convened a special meeting to review this related transaction matter and have issued their review opinions, which were agreed upon by all independent directors. The 26th meeting of the 9th Board of Directors of the Company approved the "Proposal on the Estimated Quota for Routine Related Transactions in 2026," with related directors abstaining from voting. This matter still needs to be submitted for review at the Company's extraordinary general meeting, where related shareholders should abstain from voting.
(3) Estimated Categories and Amounts of Related Transactions
Based on the routine related transaction situation between the Company and related parties from January to October 2025, combined with the operational forecast for 2026, the Company plans to engage in transactions with related parties estimated at 518.5 million yuan, detailed as follows: