The company and all members of the board of directors guarantee that the information disclosed is true, accurate, and complete, without false records, misleading statements, or significant omissions.
I. Basic Information on Daily Related Transactions
(1) Overview of Daily Related Transactions
Kairui De Holdings Co., Ltd. (hereinafter referred to as "the Company") held the 31st meeting of the 7th Board of Directors and the 15th meeting of the 7th Supervisory Board on January 28, 2021, to review and approve the proposal on the estimated amount of daily related transactions for 2021. The Company agreed that its subsidiary would engage in related transactions with Linfen Wanxinda Coking Co., Ltd. for a total amount not exceeding 713.12 million yuan. The independent directors expressed prior approval and independent opinions on this related transaction. According to the relevant provisions of the "Shenzhen Stock Exchange Stock Listing Rules," "Guidelines for the Standardized Operation of Listed Companies," and the "Articles of Association," this related transaction will be submitted for shareholder meeting review.
(2) Estimated Categories and Amounts of Daily Related Transactions for 2021
| Related Transaction Content | Related Party | Pricing Principle | 2021 Cumulative Transaction Amount Limit | Amount Transacted as of Disclosure Date | Amount Transacted Last Year |
|---|---|---|---|---|---|
| Sale of products to related parties | Linfen Wanxinda Coking Co., Ltd. | Market Pricing | 700,000.00 | 4,781.85 | 33,219.76 |
| Provision of leasing services to related parties | Linfen Wanxinda Coking Co., Ltd. | Contract Pricing | 13,120.70 | 108.52 | 1,273.86 |