002418SZSE

Announcement on House Leasing and Related Party Transactions

Kangsheng Co., Ltd.·

✨ AI Summary

Zhejiang Kangsheng Co., Ltd. announces a related party transaction involving house leasing. The company and its subsidiaries will lease production facilities and dormitories from Zhongzhi Automobile Zhejiang Co., Ltd. The total annual rent is RMB 709.13 million. This transaction is deemed necessary for business operations and does not harm the company's interests.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· gemini_documentSign In to Upgrade

Securities Code: 002418 Securities Abbreviation: Kangsheng Shares Announcement No.: 2026-021

Zhejiang Kangsheng Co., Ltd. Announcement on House Leasing and Related Party Transactions

The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed herein, and are free from any false records, misleading statements, or material omissions.

Zhejiang Kangsheng Co., Ltd. (hereinafter referred to as the "Company") held its first special meeting of independent directors of the seventh Board of Directors on April 23, 2026, and deliberated and passed the "Proposal on House Leasing and Related Party Transactions," which was submitted to the fifth meeting of the seventh Board of Directors for deliberation. On April 28, 2026, the Company held the fifth meeting of the seventh Board of Directors and deliberated and passed the "Proposal on House Leasing and Related Party Transactions," agreeing that the Company and its subsidiaries Jiangsu Kangsheng Pipe Industry Co., Ltd. (hereinafter referred to as "Jiangsu Kangsheng") and Hefei Kangsheng Pipe Industry Co., Ltd. (hereinafter referred to as "Hefei Kangsheng") will sign relevant agreements with the related legal person Zhongzhi Automobile Zhejiang Co., Ltd. (hereinafter referred to as "Zhongzhi Zhejiang") for related leasing matters. Zhongzhi Zhejiang is a related legal person identified by the Company based on the principle of substance over form, and the above transaction constitutes a related party transaction. The specific content is as follows:

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.

Notes & Comments

Sign in to leave a comment or private note.

Loading…