Securities Code: 002372 Securities Abbreviation: Weixing New Material Announcement No.: 2026-011
Zhejiang Weixing New Material Co., Ltd. Announcement on Projected Related Party Transactions
Zhejiang Weixing New Material Co., Ltd. (hereinafter referred to as the "Company") and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false representations, misleading statements, or significant omissions.
I. Basic Information on Related Party Transactions
(I) Overview of Related Party Transactions
Based on the principles of fairness, justice, and mutual benefit, the Company and its subsidiaries will engage in businesses such as receiving labor services, purchasing and selling products, and leasing properties with the Company's controlling shareholder, Weixing Group Co., Ltd. (hereinafter referred to as "Weixing Group"), and its subsidiaries Zhejiang Weixing Environmental Construction Co., Ltd. (hereinafter referred to as "Zhejiang Construction"), Zhejiang Weixing Industrial Development Co., Ltd. (hereinafter referred to as "Weixing Shares"), and its subsidiary Linhai Weixing Chemical Technology Co., Ltd. (hereinafter referred to as "Chemical Technology"), Zhejiang Weixing Cultural Development Co., Ltd. (hereinafter referred to as "Weixing Culture"), Weixing Group Shanghai Industrial Development Co., Ltd. (hereinafter referred to as "Shanghai Industrial"), and subsidiaries of Linhai Huixing Group Co., Ltd. (hereinafter referred to as "Huixing Company"), which holds more than 5% of the shares. The total amount of the above businesses in 2025 was RMB 6,711.04 million, and the projected amount for 2026 will not exceed RMB 80 million.