Hangzhou Changchuan Technology Co., Ltd. Announcement on the Forecast of Daily Related Party Transactions in 2026
The Company and all members of the Board of Directors guarantee the content of this announcement is true, accurate, and complete, and that there are no false records, misleading statements, or material omissions.
I. Basic Situation of Related Party Transactions
(I) Overview of Daily Related Party Transactions
For daily operational needs, Hangzhou Changchuan Technology Co., Ltd. (hereinafter referred to as the "Company") forecasts that in 2026, it will engage in daily related party transactions with Suzhou Fatdi Technology Co., Ltd., Tongfu Microelectronics Co., Ltd., Tianshui Huatian Technology Co., Ltd., and P***S.
On April 24, 2026, the Company held the 17th meeting of the Fourth Board of Directors, which reviewed and approved the "Proposal on the Forecast of Daily Related Party Transactions for 2026". Related directors, including Chairman Mr. Zhao Yi, his concerted party Ms. Xu Xin, and Director Ms. Zhang Haidai, abstained from voting. This proposal has been reviewed and approved by the Independent Directors' Special Committee of the Board. According to the "Articles of Association", this proposal needs to be submitted to the Company's shareholders' meeting for review.
This daily related party transaction forecast does not constitute a major asset restructuring as defined by the "Administrative Measures for Major Asset Restructuring of Listed Companies" and does not require approval from relevant authorities.
(II) Forecast of Daily Related Party Transaction Categories and Amounts
| Related Transaction Category | Related Party | Transaction Content | Pricing Principles for Related Transactions | Contracted Amount or Estimated Amount | Amount at End of Reporting Period | Amount of Previous Year's Actual Occurrence | Difference from Previous Year's Actual Occurrence | Reason for Significant Difference |
|---|---|---|---|---|---|---|---|---|
| To related party for procurement of raw materials | Suzhou Fatdi Technology Co., Ltd. | Procurement of raw materials | Based on market prices | 8,000.00 | 1,462.99 | 5,373.27 | 2025 Annual results, driven by increased demand from related parties. | |
| To related party for procurement of raw materials | Changchuan Semiconductor (Shenzhen) Co., Ltd. | Procurement of raw materials | Based on market prices | 0 | 0 | 37.17 | 2025 February to May, transaction volume was 25 January 1st. | |
| To related party for procurement of raw materials | P***S | Procurement of raw materials | Based on market prices | 1,500.00 | 0 | 0 | 2026 Annual results, driven by increased demand from related parties. | |
| To related party for sales of complete sets of equipment and components | Suzhou Fatdi Technology Co., Ltd. | Sales of complete sets of equipment and components | Based on market prices | 500.00 | 0 | 0 | 2025 Annual results, driven by increased demand from related parties. | |
| To related party for sales of complete sets of equipment and components | Changchuan Semiconductor (Shenzhen) Co., Ltd. | Sales of complete sets of equipment and components | Based on market prices | 0.00 | 0 | 11.86 | 2025 February to May, transaction volume was 25 January 1st. | |
| To related party for sales of complete sets of equipment and components | Tongfu Microelectronics Co., Ltd. | Sales of complete sets of equipment and components | Based on market prices | 30,000.00 | 108.62 | 3,607.56 | 2025 Annual results, driven by increased demand from related parties. | |
| To related party for sales of complete sets of equipment and components | Tianshui Huatian Technology Co., Ltd. | Sales of complete sets of equipment and components | Based on market prices | 30,000.00 | 0 | 4,995.11 | 2026 Annual results, driven by increased demand from related parties. | |
| To related party for sales of complete sets of equipment and components | P***S | Sales of complete sets of equipment and components | Based on market prices | 0.00 | 0 | 103.58 |