Dongjiang Environmental Protection: Holding subsidiary intends to make a related purchase of stones totaling 148.95 million yuan

date
22/12/2025
Dongjiang Environmental Protection announced that its holding subsidiary Shaoguan Dongjiang plans to sign a "Stone Sales Contract" with its affiliated party Dabaoshan Mining, to purchase no more than 75,000 tons of stone, with a total price not exceeding 1.4895 million yuan including tax, valid until May 31, 2026. The related party transaction has been reviewed and approved by the board of directors and independent directors, and does not constitute a major asset restructuring. Dabaoshan Mining is 60% owned by Guanxing Holdings Group, with assets of 2.787 billion yuan, revenue of 1.862 billion yuan, and net profit of 441 million yuan as of the end of 2024. From the beginning of the year to the date of the announcement, the company has accumulated daily related party transactions with Guanxing Group totaling 3.7455 million yuan, in addition to financial service related party transactions.