A subsidiary of Shenzhen Textile A, Shenzhen Sapo Photoelectric Technology Company, plans to carry out raw material purchase and sales, toll manufacturing, and technical cooperation transactions with related party Hengmei Optoelectronics Company and its subsidiaries, with total transaction value for 2026 expected not to exceed 52.5 million yuan. Among these, Sapo plans to buy and sell some polarizer raw materials with Hengmei Optoelectronics and its subsidiaries, with an estimated annual transaction amount of 27 million yuan. To improve the utilization rate of the Guangzhou RTP production line, Sapo will provide polarizer RTP toll manufacturing services for Hengmei Optoelectronics and its subsidiaries, with an estimated annual transaction amount of 22 million yuan. To solve long-term technical challenges in polarizer manufacturing, Sapo plans to carry out technical cooperation with Hengmei Optoelectronics, with an estimated annual transaction amount of 3.5 million yuan. This related party transaction aims to ensure the stability of raw material supply, meet customer temporary order delivery needs, improve the utilization rate of the Guangzhou RTP production line, and address the shortage of specialized technical capabilities in polarizer manufacturing.
Shenzhen Textile Holdings Co LtdRelated-party transactions with Hengmei for raw materials, toll manufacturing, and technical cooperation; impact depends on terms and execution.
As related party, Hengmei engages in transactions with Sapo, potentially affecting its operations but net impact unclear.
