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Yongmaotai announced that the fourth meeting of the fourth board of directors of the company deliberated and passed a bill on the estimated amount of daily related transactions. It plans to purchase pure aluminum alloy ingots from the related party Wantai New Materials Co., Ltd., with an estimated amount of 400 million yuan, accounting for 8.37% of similar business. The cumulative transaction amount that has occurred from the beginning of this year to the end of August is 0. The price of the transaction was determined by reference to fair market price negotiations. The quota authorization period is from the date of review and approval of the first extraordinary shareholders' meeting in 2026 to the date of the 2026 annual shareholders' meeting. The bill still needs to be submitted to the shareholders' meeting for consideration, and related shareholders will avoid voting.
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Yongmaotai announced that the fourth meeting of the fourth board of directors of the company deliberated and passed a bill on the estimated amount of daily related transactions. It plans to purchase pure aluminum alloy ingots from the related party Wantai New Materials Co., Ltd., with an estimated amount of 400 million yuan, accounting for 8.37% of similar business. The cumulative transaction amount that has occurred from the beginning of this year to the end of August is 0. The price of the transaction was determined by reference to fair market price negotiations. The quota authorization period is from the date of review and approval of the first extraordinary shareholders' meeting in 2026 to the date of the 2026 annual shareholders' meeting. The bill still needs to be submitted to the shareholders' meeting for consideration, and related shareholders will avoid voting.
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