Guolian Minsheng Securities Co., Ltd. (hereinafter referred to as "the Sponsor") has conducted a prudent review of Xi'an Nova Star Cloud Technology Co., Ltd. (hereinafter referred to as "Nova Star" or "the Company") regarding the expected daily related transactions for 2026 and the confirmation of the daily related transactions for 2025, in accordance with relevant laws, regulations, and normative documents.
I. Overview of Expected Daily Related Transactions
(1) Overview of Expected Daily Related Transactions
Based on the Company Law of the People's Republic of China, the Shenzhen Stock Exchange's listing rules, and the Company's Articles of Association, the Company has prudently assessed its business development and operational needs. It estimates that the total amount of daily related transactions with Xi'an Zhiduojing Technology Co., Ltd. (hereinafter referred to as "Zhiduojing") and its related parties, Beijing Zhenyuan Jiyie Technology Development Co., Ltd. (hereinafter referred to as "Zhenyuan Jiyie"), and Beijing Guoxu Hongye Technology Co., Ltd. (hereinafter referred to as "Guoxu Hongye") for 2026 will not exceed RMB 188 million. The actual amount of daily related transactions with related parties in 2025 was RMB 129.52 million. The Company held its 14th meeting of the 3rd Board of Directors on April 23, 2026, where it approved the proposal regarding the expected daily related transactions for 2026 and the confirmation of the 2025 transactions. The voting results were 4 in favor, 0 against, 0 abstentions, and 3 abstentions from related directors Mr. Yuan Shengchun, Mr. Zong Jingguo, and Mr. Chen Weiguo. Prior to the board meeting, this matter was reviewed and approved by the 3rd Board of Directors' 3rd Independent Directors' Special Meeting and the 8th Audit Committee Meeting.
(2) Expected Categories and Amounts of Daily Related Transactions
| Related Transaction Category | Related Party | Transaction Content | Pricing Principle | Expected Amount (RMB 10,000) | Amount Occurred as of Disclosure Date | Amount Last Year |
|---|---|---|---|---|---|---|
| Purchase of Raw Materials | Zhiduojing and its related parties | Product Procurement | Market-based Negotiation | 160,000.00 | 18,036.5 | 122,614.1 |
| Zhenyuan Jiyie | Product Procurement | Market-based Negotiation | 8,000.00 | - | 225.6 | |
| Subtotal | 168,000.00 | 18,036.5 | 122,839.7 | |||
| Sale of Products | Zhiduojing and its related parties | Product Sales | Market-based Negotiation | 5,000.00 | - | 1,202.9 |
| Guoxu Hongye | Product Sales | Market-based Negotiation | 12,000.00 | 177.7 | 5,332.8 | |
| Zhenyuan Jiyie | Product Sales | Market-based Negotiation | 3,000.00 | - | 9.3 | |
| Subtotal | 20,000.00 | 177.7 | 654.5 |