Leo Group (002131.SZ) plans to sign a related-party transaction framework agreement with Chuangxing Resources

Zhito Finance APP News: Leo Group (002131.SZ) announced that the company plans to sign a "Related-Party Transaction Framework Agreement" with related party Shanghai Chuangxing Resources Development Co., Ltd. (referred to as "Chuangxing Resources"). Chuangxing Resources, an enterprise actually controlled by Wang Xiangrong, the company's major shareholder and actual controller, and its subordinate enterprises will undertake the construction and supporting works of the company's and its wholly-owned and controlled subsidiaries' factory buildings and other projects, including but not limited to construction contracting for construction engineering projects, procurement and processing, fabrication and installation of engineering materials, and other related services. The agreement is valid for 12 months, and the estimated total amount of construction engineering-type contracts to be incurred shall not exceed 20 million yuan.