Lutianhua forecasts higher related party transactions, plans auditor change

Sichuan Lutianhua Co., Ltd. anticipates approximately 362 million yuan in daily related party transactions for 2026. These transactions, which include purchases, sales, services, and asset leasing, involve affiliated entities such as Luzhou Industrial Development Investment Group Co., Ltd. and Lutianhua (Group) Co., Ltd. Deemed essential for operations, these transactions were approved by the board on December 9, 2025, and await shareholder approval. For 2025, actual related transactions up to October 31 amounted to 206.76 million yuan, with a full-year forecast of 311.29 million yuan.

In a separate move, Lutianhua plans to change its auditing firm from Yongtao Certified Public Accountants (Special General Partnership) to Sichuan Huaxin (Group) Certified Public Accountants (Special General Partnership) for the 2025 fiscal year. This decision aligns with regulatory requirements and the company's operational needs, following a public tender process. The proposed audit fee for 2025 is 740,000 yuan.

The board approved the auditor change on December 9, 2025, after the audit committee confirmed Huaxin's independence, professional competence, and investor protection capabilities. This change, along with the related party transaction forecast, will be submitted for shareholder approval.