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5: Report on the Company’s Estimated Routine Related-Party Transactions for the Year 2013
| 5: Report on the Company’s Estimated Routine Related-Party Transactions for the Year 2013 |
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Document No. 5 for the 2012 Annual General Meeting
Report on the Company’s Estimated Routine Related-Party Transactions for the Year 2013
Dear Shareholders:
In 2012, the total amount of routine related-party transactions between the Company and its affiliates was RMB 313.18 million, representing 57.46% of the projected annual amount for 2012. Specifically, purchases from affiliates of complete sets of project-supporting products amounted to RMB 160.56 million, or 53.52% of the projected annual amount; and sales to affiliates of supporting components totaled RMB 152.62 million, or 62.29% of the projected annual amount.
Based on the 2012 routine related-party transactions, the Company expects the total amount of such transactions for the full year 2013 to be approximately RMB 470 million, comprising approximately RMB 250 million in purchases of complete-project supporting products from related parties and approximately RMB 220 million in sales of supporting components to related parties.
The above report is submitted for your review.
May 21, 2013
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