Luxshare precision plans significant increase in related-party transactions
Luxshare Precision Industry announced an increase in its estimated recurring related-party transactions for 2025, with an additional RMB 761,000m allocated to purchases and sales involving several associated entities, including Teleray (Hong Kong) International Company Limited and Luxsan (Hong Kong) Trading Limited. This adjustment raises the total projected related-party transactions to RMB 1,153,500m.
For 2026, Luxshare Precision Industry anticipates recurring related-party transactions totaling no more than RMB 1,387,000m, comprising RMB 287,000m in purchases and RMB 1,100,000m in sales. This forecast includes transactions with BCS Automotive Interface Solutions US, LLC and Cowell Optic Electronics Limited, among others. The board also approved a 2026 external guarantee limit of RMB 80bn for its subsidiaries, with RMB 60bn for those with a debt-to-asset ratio above 70% and RMB 20bn for those below 70%. These proposals will be submitted for shareholder approval at the upcoming 2025 Fifth Extraordinary General Meeting on December 22, 2025.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
Supplementary Source Documents
News Alerts
Get instant email alerts when Luxshare Precision Industry publishes news
Free account required • Unsubscribe anytime