Winall Hi-Tech Seed forecasts $32.45m in related transactions

Anhui Winall Hi-Tech Seed (SZSE:300087) has announced its forecast for daily related-party transactions in 2025, estimating a total value of ¥324.5 million. Key counterparties include China National Seed Group Co., Ltd. and its affiliated companies, along with Sinofert, Syngenta Asia Pacific Pte. Ltd, Syngenta Bangladesh Limited and Shandong Liming Seed Technology. These transactions encompass the purchase of raw materials, the sale of products, and the provision/receipt of labor services. The board of directors approved the forecast on March 4, 2025, with related directors abstaining from voting on relevant sub-proposals. The forecast is still subject to approval at the company's shareholders' meeting, where related shareholders will also abstain from voting. The pricing for these transactions will be determined based on market rates or cost-plus pricing.