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According to the Nanjing Port announcement, Jiangsu Oil Port International Port Co., Ltd., a wholly-owned subsidiary of the company, signed a construction agreement with Nanjing Port Engineering Co., Ltd. for the 30,000 tank area firewall upgrade project. The contract price was 1.82 million yuan, and the construction period was 90 days. It was a fixed unit price contract, and the final settlement price was subject to a third party audit. Since the controlling shareholder of the company, the indirect controlling shareholder and its wholly-owned subsidiary hold 100% of the shares in the Port Engineering Company, the transaction constituted a related transaction. The relevant directors avoided voting, did not need to submit it to the shareholders' meeting for review, and did not constitute a major asset restructuring. Since January 1, 2026, the total amount of related transactions between the company and its holding subsidiaries and the Port Engineering Company is RMB 11.712,700.
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According to the Nanjing Port announcement, Jiangsu Oil Port International Port Co., Ltd., a wholly-owned subsidiary of the company, signed a construction agreement with Nanjing Port Engineering Co., Ltd. for the 30,000 tank area firewall upgrade project. The contract price was 1.82 million yuan, and the construction period was 90 days. It was a fixed unit price contract, and the final settlement price was subject to a third party audit. Since the controlling shareholder of the company, the indirect controlling shareholder and its wholly-owned subsidiary hold 100% of the shares in the Port Engineering Company, the transaction constituted a related transaction. The relevant directors avoided voting, did not need to submit it to the shareholders' meeting for review, and did not constitute a major asset restructuring. Since January 1, 2026, the total amount of related transactions between the company and its holding subsidiaries and the Port Engineering Company is RMB 11.712,700.
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