FilingReader Intelligence

Sichuan Jiuzhou Electronic revises 2025 connected transaction forecast upwards

October 29, 2025 at 11:29 AM UTCBy FilingReader AI

Sichuan Jiuzhou Electronic Group Co., Ltd. (SZSE:000801) announced an increase in its estimated 2025 recurring connected transactions. Originally projected at CNY 110,615.00万元, the company will add CNY 27,000.00万元, bringing the total estimated value to CNY 137,615.00万元. This adjustment, driven by operational needs and actual transactions as of September 30, 2025, primarily involves increased sales of products and services, as well as procurement of goods and services from related parties like Sichuan Jiuzhou Investment Holdings Group Co., Ltd. and its subsidiaries.

In a related announcement, Sichuan Jiuzhou Electronic disclosed the re-appointment of Zhonghui Certified Public Accountants (Special General Partnership) as its auditor for 2025, with an audit fee of CNY 72万元. This decision was approved by the company's board of directors and audit committee on October 28, 2025, following a public tender process. The re-appointment is subject to shareholder approval.

The company's independent directors affirmed that the increased connected transactions are part of normal business operations, with pricing determined by market principles. They also noted that the connected parties are in good financial standing, ensuring no adverse impact on the company's independence or non-affiliated shareholders.

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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