Zhengyuan Smart Group Co., Ltd. Announcement on the Forecast of Routine Related Party Transactions for 2026
The Company and all members of its Board of Directors guarantee the content of this information disclosure is true, accurate, and complete, and that there are no false records, misleading statements, or material omissions.
I. Basic Situation of Routine Related Party Transactions
(I) Overview of Routine Related Party Transactions
Zhengyuan Smart Group Co., Ltd. (hereinafter referred to as the "Company") held the twelfth meeting of the Fifth Board of Directors on March 16, 2026, and deliberated and passed the "Proposal on the Forecast of Routine Related Party Transactions for 2026". Due to business development needs, the Company and its holding subsidiaries plan to add related party transactions with Hangzhou Xiongwei Technology Development Co., Ltd. (hereinafter referred to as "Xiongwei Technology") and its holding subsidiaries totaling RMB 36,000,000.00, with Changzhou Changgong Electronics Technology Co., Ltd. (hereinafter referred to as "ChangGong Electronics") and its holding subsidiaries totaling RMB 31,000,000.00, with Guangyu Group Co., Ltd. (hereinafter referred to as "Guangyu Group") and its holding subsidiaries totaling RMB 1,000,000.00, and with Hangzhou Zhuoran Real Estate Co., Ltd. (hereinafter referred to as "Zhuoran Real Estate") totaling RMB 12,200,000.00. Related directors Chen Yirong, Chen Genqing, Li Lin, and Cai Yufeng recused themselves from voting. This proposal does not need to be submitted to the shareholders' meeting for deliberation.
(II) Forecast of Routine Related Party Transaction Categories and Amounts
Unit: RMB 10,000
| Related Party Transaction Category | Related Party | Related Transaction Content | Related Transaction Pricing Principle | Forecast Amount | Amount Actually Incurred as of Disclosure Date | Amount Actually Incurred in Prior Year |
|---|---|---|---|---|---|---|
| Selling products to related parties, providing services | Xiongwei Technology and its holding subsidiaries | Sales of equipment, technical services, etc. | Market Price | 400.00 | 17.91 | 183.92 |
| ChangGong Electronics and its holding subsidiaries | Sales of equipment, technical services, etc. | Market Price | 600.00 | 0.18 | [Note 1] 454.97 | |
| Guangyu Group and its holding subsidiaries | Sales of products, technical services, etc. | Market Price | 100.00 | — | 41.84 | |
| Subtotal | 1,100.00 | 18.09 | 680.73 | |||
| Purchasing products, goods, and labor from related parties | Xiongwei Technology and its holding subsidiaries | Procurement of intelligent settlement systems and catering settlement equipment, etc. | Market Price | 3,100.00 | 117.14 | 2,961.82 |
| ChangGong Electronics and its holding subsidiaries | Procurement of electric control equipment, etc. | Market Price | 2,500.00 | 99.42 | 1,426.52 [Note 1] | |
| Subtotal | 5,600.00 | 216.57 | 4,388.33 | |||
| Leasing property from related parties | Zhuoran Real Estate | Rent | Market Price | 1,000.00 | 215.31 | 1,040.29 |
| Subtotal | 1,000.00 | 215.31 | 1,040.29 | |||
| Receiving services from related parties | Xiongwei Technology and its holding subsidiaries | Advance payment of deposit, handling fees, water and electricity fees, and management fees for self-service laundry services | Market Price | 100.00 | 5.72 | 75.44 |
| Zhuoran Real Estate | Property management fees, water and electricity fees, etc. | Market Price | 220.00 | 34.32 | 191.49 | |
| Subtotal | 320.00 | 40.04 | 266.93 | |||
| Total | 8,020.00 | 490.00 | 6,376.28 |