Beijing All-Star Online Technology Co., Ltd. Announcement on the Company's 2026 Annual Forecast of Related Party Transactions
The Company and the Board of Directors guarantee the truthfulness, accuracy, completeness, and that there are no false records, misleading statements, or major omissions in the information disclosed.
I. Overview of Related Party Transactions (I) Overview of Related Party Transactions
According to the "Company Law of the People's Republic of China" (hereinafter referred to as the "Company Law"), the "Shenzhen Stock Exchange GEM Stock Listing Rules," and other relevant laws, regulations, and normative documents, as well as the "Articles of Association of Beijing All-Star Online Technology Co., Ltd." (hereinafter referred to as the "Articles of Association"), based on the business development and daily operating needs of the Company and its subsidiaries, the Company and its related party Tianyang Hongye Technology Co., Ltd. (hereinafter referred to as "Tianyang Technology") and its subsidiaries will engage in daily related party transactions such as purchasing and selling goods and services. The estimated transaction amount for 2026 is no more than RMB 75.73 million.
On June 18, 2026, the Company held the 18th meeting of the Sixth Board of Directors, which reviewed and approved the "Proposal on the Company's 2026 Annual Forecast of Related Party Transactions." This proposal does not involve any related directors and does not require their recusal from voting. Prior to submission to the Board of Directors for review, this planned related party transaction was reviewed and approved by the fifth special meeting of the sixth independent directors in 2026 and was unanimously approved by all independent directors.
The Company and Tianyang Technology and its subsidiaries have cumulatively incurred various related party transactions totaling RMB 32.9983 million in the past 12 months. Of this amount, RMB 30 million is for the establishment of a joint venture company jointly invested by the Company and Tianyang Technology. This has been disclosed by the Company's Board of Directors. For specific details, please refer to the "Announcement on Investment in a Joint Venture Company and Related Party Transactions" disclosed by the Company on the Juchao Information Network (www.cninfo.com.cn) on June 5, 2026 (Announcement No. 2026-058). The remaining RMB 2.9983 million represents daily related party transactions incurred by the Company with Tianyang Technology and its subsidiaries in the past 12 months. According to the relevant provisions of the "Shenzhen Stock Exchange GEM Stock Listing Rules," this matter still needs to be submitted to the Company's shareholders' meeting for review, and the related shareholder Tianyang Technology needs to recuse itself from voting.
(II) 2026 Forecast of Daily Related Party Transactions by Category and Amount
The Company and its subsidiaries have forecasted their daily related party transactions for 2026 as follows: