Stock Code: 002430 Stock Abbreviation: Hang Oxygen Shares Announcement No.: 2026-008 Convertible Bond Code: 127064 Convertible Bond Abbreviation: Hang Oxygen Convertible Bond
Hang Oxygen Group Co., Ltd.
Announcement on Estimated Related Party Transactions for 2026
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false records, misleading statements, or major omissions.
Hang Oxygen Group Co., Ltd. (hereinafter referred to as the "Company" or "this Company") held the 38th meeting of the 8th Board of Directors on April 9, 2026, and reviewed and approved the Company's "Proposal on Estimated Related Party Transactions for 2026." Related directors Mr. Qian Yuchen and Ms. Chen Zhenghong abstained from voting. This proposal was reviewed and approved by the independent directors' special committee before submission to the Board of Directors. The relevant matters are hereby announced as follows:
I. Basic Situation of Related Party Transactions
(I) Overview of Related Party Relationships
To regulate the Company's operating behavior and protect the legitimate rights and interests of the Company and its shareholders, in accordance with relevant laws and regulations and the requirements of relevant authorities, the Company has estimated the related party transactions for 2026.
(II) Estimated Categories and Amounts of Related Party Transactions
In 2026, the Company's estimated daily related party transactions with related parties mainly include: purchasing goods and accepting labor services; selling goods and providing labor services; providing rental of premises/equipment, and accepting rental of dormitories/office buildings.
| Related Transaction Category | Related Party | Related Transaction Content | 2026 Estimated Transaction Amount (RMB 10,000) | Amount Already Incurred as of Disclosure Date (RMB 10,000) | Amount Incurred in Previous Year (RMB 10,000) |
|---|---|---|---|---|---|
| Purchasing raw materials, components, and equipment from related parties, and accepting labor services from related parties | Hangzhou Capital and its subsidiaries | Gas turbines, economizers, and labor service fees, etc. | 21,000.00 | 119.60 | 5,766.86 |
| Subtotal | 21,000.00 | 119.60 | 5,766.86 | ||
| Selling products, goods, and providing labor services to related parties | Hangzhou Capital and its subsidiaries | Forging sales, casting sales, etc. | 600.00 | 24.04 | 260.24 |
| Subtotal | 600.00 | 24.04 | 260.24 |
| Related Transaction Category | Related Party | Related Transaction Content | Actual Transaction Amount (RMB 10,000) | Estimated Amount (RMB 10,000) | Proportion of Actual Transaction Amount to Similar Business (%) | Difference Between Actual and Estimated Amount (%) | Disclosure Date and Reference |
|---|---|---|---|---|---|---|---|
| Purchasing raw materials, components, and equipment from related parties, and accepting labor services from related parties | Hangzhou Capital and its subsidiaries | Gas turbines, economizers, etc. | 5,766.86 | 15,000.00 | 0.53% | -61.55% | See the announcement "Announcement on Estimated Related Party Transactions for 2025" dated March 28, 2025, on the Juchao Information Network (2025-023). |
| Subtotal | 5,766.86 | 15,000.00 | 0.53% | -61.55% | |||
| Selling products, goods, and providing labor services to related parties | Hangzhou Capital and its subsidiaries | Forging sales, casting sales, etc. | 260.24 | 600.00 | 0.02% | -56.63% | |
| Subtotal | 260.24 | 600.00 | 0.02% | -56.63% | |||
| Accepting rental from related parties | Hangzhou Capital and its subsidiaries | Office building rental, etc. | 48.69 | 1,050.00 | 0.00% | -95.36% | |
| Subtotal | 48.69 | 1,050.00 | 0.00% | -95.36% |
Explanation from the Board of Directors on the significant difference between the actual and estimated related party transactions for the current period (if applicable)