Taiji Industry forecasts continued related-party transactions
Wuxi Taiji Industry (SSE:600667) has announced the expected continuation of routine related-party transactions for 2025, alongside a report on the execution of such transactions in 2024. The forecasted transactions fall within the board's authority and do not require shareholder approval. The company projects these transactions will be conducted on market terms, ensuring no detriment to the company or minority shareholders, and will not create dependence on related parties. Key related parties include Jiangsu Taiji, Nanda Environmental Protection, and SK Hynix System. The projected value of goods purchased from Jiangsu Taiji in 2025 is 250 million RMB. The board of directors has already approved these plans. The company says these transactions are necessary for normal production and operation.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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