EVE Energy approves new related-party transactions

EVE Energy (SZSE:300014) announced its Sixth Board of Directors approved several related-party transactions. A subsidiary, Huizhou Golden Source Intelligent Robot Co., Ltd, will customize industrialization equipment for Tibet EVE Holding Co., Ltd. and its subsidiaries, capped at RMB 60 million. EVE Energy and its subsidiaries will process module components for Huizhou EVE New Energy Co., Ltd., with a transaction limit of RMB 10 million. Adjustments were also made to a previous agreement, with EVE Energy Malaysia Sdn. Bhd. now procuring NMP from EVE Holding and its subsidiaries. Additionally, EVE New Energy and Golden Spring New Materials will transfer assets to the company at book value. Finally, EVE Energy will sign a trademark license agreement with EVE New Energy. The transactions are aimed at meeting business development needs and leveraging related-party resources.