Announcement on Estimated Daily Related Transactions of New Subsidiary
The company and the board of directors guarantee the information disclosed is true, accurate, and complete, with no false records, misleading statements, or major omissions.
Henan Kaiwang Electronic Technology Co., Ltd. (hereinafter referred to as the "Company") held the fourth (extraordinary) meeting of the fourth board of directors on August 5, 2026, and deliberated and passed the "Proposal on Estimated Daily Related Transactions of New Subsidiary." The directors unanimously agreed to this proposal. The specific situation is announced as follows:
I. Basic Situation of Estimated Daily Related Transactions
(I) Overview of Estimated Related Transactions
Kaiwang Technology (Dongguan) Co., Ltd. (hereinafter referred to as "Kaiwang Technology"), a subsidiary of Henan Kaiwang Electronic Technology Co., Ltd. (hereinafter referred to as the "Company"), due to daily operational needs, estimates that it will conduct daily related transactions with the Company's affiliate, Dongguan Wanjian Precision Technology Co., Ltd. (hereinafter referred to as "Wanjian Precision Technology"), with a cumulative total not exceeding RMB 300 million in 2026.
(II) Categories and Amounts of Estimated Daily Related Transactions
| Related Transaction Category | Related Party | Related Transaction Content | Pricing Principle | Contracted Amount or Estimated Amount (Including Tax) | Amount Incurred as of March 31, 2026 | Amount Incurred in Prior Year |
|---|---|---|---|---|---|---|
| Sale of goods and services to related parties | Dongguan Wanjian Precision Technology Co., Ltd. | Sales of hardware components and provision of services | Market Pricing | 30,000 | 4.23 | 0 |
Note: The amounts listed above are inclusive of tax.
II. Introduction to Related Parties and Relationship
(I) Dongguan Wanjian Precision Technology Co., Ltd.
- Basic Information
Legal Representative: Liu Hai
Registered Capital: RMB 10,000,000
Registered Address: Room 201, Building 6, No. 30 Qingqing Road, Qingxi Town, Dongguan City, Guangdong Province