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Document No. 6: Report on the Company’s Estimated Routine Related-Party Transactions for the Year 2008
| Report on the Company’s Estimated Routine Related-Party Transactions for the Year 2008 |
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Document No. 6 of the 2007 Annual General Meeting Report on the Company’s Estimated Routine Related-Party Transactions for the Year 2008 Dear Shareholders: In 2007, the total amount of routine related-party transactions between the Company and its affiliates was RMB 750.85 million, representing 104.3% of the projected annual amount for 2007. Specifically, purchases from affiliates of complete sets of project-supporting products totaled RMB 471.40 million, or 94.3% of the projected annual amount; while sales to affiliates of supporting components amounted to RMB 279.45 million, or 127.0% of the projected annual amount. Based on the 2007 routine related-party transactions, the Company expects the total amount of such transactions for the full year 2008 to be approximately RMB 750 million, including approximately RMB 480 million in purchases of complete-system supporting products from related parties and approximately RMB 270 million in sales of supporting components to related parties. The above report is submitted for your review.
May 20, 2008 |