Announcement on Related Party Transaction of Handling Deposit Business with Ningbo Beilun Rural Commercial Bank Co., Ltd.
The Company and the Board of Directors guarantee that the content of the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.
I. Overview of Related Party Transaction
-
On March 27, 2026, Ningbo理工环境能源科技股份有限公司 (hereinafter referred to as the "Company") held the second meeting of the seventh Board of Directors, which deliberated and passed the "Proposal on the Related Party Transaction of Handling Deposit Business with Ningbo Beilun Rural Commercial Bank Co., Ltd." The Company (including its subsidiaries included in the consolidated financial statements, hereinafter referred to as the same) plans to prioritize handling deposit business with Ningbo Beilun Rural Commercial Bank Co., Ltd. (hereinafter referred to as "Beilun Rural Commercial Bank") within the approved limit based on commercial principles (including structured deposit business, hereinafter referred to as the same). The proposed daily deposit balance limit is not to exceed RMB 130 million, with a validity period of one year.
-
The Company holds a 5.527641% stake in Beilun Rural Commercial Bank. Ms. Pang Yin Juan, the head of the Company's internal audit department and a director of the Company's controlling shareholder, Ningbo Tianyi Century Investment Co., Ltd., serves as a director of Beilun Rural Commercial Bank. According to relevant regulations, Beilun Rural Commercial Bank is a related party to the Company. The Company's handling of deposit business with Beilun Rural Commercial Bank constitutes a related party transaction.