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Silver Star Energy announced that the company and China Copper New Energy Co., Ltd. signed the “Technical Service Agreement for the Construction Period of the Power Supply Project” to provide technical services throughout the construction process for the first phase of the Tibet Jinlong Copper Mine Source Grid Integrated Power Supply Project. The service period is from the entry into force of the contract to the completion and acceptance of the first phase. The transaction uses a cost plus commission plus tax model. The fee is calculated at 10% of the cost, the VAT rate is 6%, and the payment is made on a monthly basis. China Copper New Energy is a subsidiary of China Aluminum Group, the actual controller of the company. This transaction constitutes a related transaction. It has been reviewed and approved by the company's board of directors. The relevant directors avoided voting, and there is no need to submit it to the shareholders' meeting for review. The total amount of related transactions with this related party from the beginning of the year to the disclosure date was 16.81 million yuan.
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Silver Star Energy announced that the company and China Copper New Energy Co., Ltd. signed the “Technical Service Agreement for the Construction Period of the Power Supply Project” to provide technical services throughout the construction process for the first phase of the Tibet Jinlong Copper Mine Source Grid Integrated Power Supply Project. The service period is from the entry into force of the contract to the completion and acceptance of the first phase. The transaction uses a cost plus commission plus tax model. The fee is calculated at 10% of the cost, the VAT rate is 6%, and the payment is made on a monthly basis. China Copper New Energy is a subsidiary of China Aluminum Group, the actual controller of the company. This transaction constitutes a related transaction. It has been reviewed and approved by the company's board of directors. The relevant directors avoided voting, and there is no need to submit it to the shareholders' meeting for review. The total amount of related transactions with this related party from the beginning of the year to the disclosure date was 16.81 million yuan.
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