Guangdong Construction Engineering Group Co., Ltd. Announcement on the Forecast of Related Party Transactions for 2026
The Company and the entire 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 Information on Related Party Transactions (I) Overview of Related Party Transactions
- Brief Introduction to Basic Situation Guangdong Construction Engineering Group Co., Ltd. (hereinafter referred to as the "Company"), based on its business development and production and operation needs, forecasts that the total amount of related party transactions with its controlling shareholder, Guangdong Construction Engineering Group Holdings Co., Ltd. (hereinafter referred to as "Jian Gong Holdings"), and its affiliated enterprises in 2026 will be RMB 145,500 million. The actual amount of related party transactions in 2025 was RMB 162,699.05 million.
This forecast for related party transactions was reviewed and approved at the 34th meeting of the 8th Board of Directors held on April 14, 2026. Related directors Mr. Dan Nianyang and Mr. Dai Zhibo recused themselves from voting.
The Company's independent directors held a special meeting to review the forecast for related party transactions in 2026 and issued an independent opinion of review and approval.
This proposal still needs to be submitted to the Company's general meeting of shareholders for review. Related shareholders Jian Gong Holdings and Guangdong Provincial Research Institute of Building Science Group Co., Ltd. shall abstain from voting.
(II) Categories and Amounts of Related Party Transactions Forecasted with Jian Gong Holdings and its Affiliated Enterprises in 2026
| Transaction Category | Related Party | Transaction Content | Pricing Principle | 2026 Contract Signing Amount or Forecast Amount | Amount Paid to Date (Unaudited) | Amount Paid in Previous Year (Unaudited) |
|---|---|---|---|---|---|---|
| Receiving Labor Services from Related Parties | Jian Gong Holdings and its affiliated enterprises | Receiving labor services, surveying, construction testing, safety monitoring, technical consulting, and supervision services | Market Price | 11,500.00 | 2,246.39 | 7,970.99 |
| Jian Gong Holdings and its affiliated enterprises | Receiving property management, security services, security training, hotel accommodation, employee physical examinations, financial shared accounting, and other services from related parties | Market Price | 11,000.00 | 470.56 | 5,946.10 | |
| Subtotal | 22,500.00 | 2,716.95 | 13,917.09 | |||
| Providing Labor Services to Related Parties | Jian Gong Holdings and its affiliated enterprises | Providing engineering construction services to related parties | Market Price | 50,000.00 | 25,339.24 | 142,594.93 |
| Qingyuan City Yuecheng Green Building Materials Investment Co., Ltd. | Providing engineering construction services to related parties | Market Price | 60,000.00 | 4,391.97 | - | |
| Jian Gong Holdings and its affiliated enterprises | Providing surveying, design, testing collaboration, measurement, and other services to related parties | Market Price | 5,000.00 | 351.88 | 3,299.15 | |
| Subtotal | 115,000.00 | 30,083.09 | 145,894.08 | |||
| Purchasing Raw Materials and Goods from Related Parties | Jian Gong Holdings and its affiliated enterprises | Receiving raw materials and goods from related parties | Market Price | 4,000.00 | 352.38 | 5.29 |
| Selling Products and Goods to Related Parties | Jian Gong Holdings and its affiliated enterprises | Providing goods to Jian Gong Holdings and its affiliated enterprises (including but not limited to mechanical equipment and accessories, buildings, and other goods) | Market Price | 500.00 | 136.13 | 258.81 |
| Property Leasing | Jian Gong Holdings and its affiliated enterprises | Leasing properties and equipment from related parties | Market Price | 3,500.00 | 619.45 | 2,623.78 |