Chapter 1 General Principles
Article 1
To standardize related party transactions between Kairuide Holdings Co., Ltd. (hereinafter referred to as "the Company") and its subsidiaries with various related parties, safeguard the legitimate interests of the Company's shareholders and creditors, especially those of minority investors, and ensure that contracts for related party transactions are fair, just, and open, this system is formulated in accordance with relevant normative documents and legal requirements regarding related party transactions, as well as the provisions of the Articles of Association of Kairuide Holdings Co., Ltd. (hereinafter referred to as "the Articles").
Article 2
The Company's related party transactions must comply with relevant laws, regulations, and the provisions of the Articles, and adhere to the terms of relevant contracts or agreements signed by the Company.
Chapter 2 Related Transactions and Related Parties
Article 3
Related transactions refer to matters involving the transfer of resources or obligations between the Company or its subsidiaries and related parties. The following transactions or interactions between the Company and related parties are considered related transactions:
- Purchase or sale of assets;
- External investments (including entrusted financial management, investments in subsidiaries, etc.);
- Provision of financial assistance (including entrusted loans, etc.);
- Provision of guarantees (including guarantees for subsidiaries, etc.);
- Leasing in or leasing out assets;
- Signing management contracts (including entrusted operations, etc.);
- Gifts or receipt of assets;
- Restructuring of debts or claims;
- Transfer or acquisition of research or development projects;
- Signing licensing agreements;
- Waiving rights (including waiving preemptive rights, rights to contribute capital, etc.);
- Purchase of raw materials, fuel, power;
- Sale of products or goods;
- Provision or acceptance of services;
- Entrusted or consigned sales;
- Deposit and loan business;
- Joint investments with related parties;
- Other matters that may cause the transfer of resources or obligations through agreements;
- Other matters that the China Securities Regulatory Commission and the stock exchange consider to be related transactions.