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Document No. 5: Report on the Estimated Annual Routine Related-Party Transactions for 2007
| Report on the Company’s Estimated Routine Related-Party Transactions for the Year 2007 |
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Document No. 5 of the 2006 Annual General Meeting Report on the Company’s Estimated Routine Related-Party Transactions for the Year 2007 Dear Shareholders: In 2006, the total amount of routine related-party transactions between the Company and its affiliates amounted to RMB 690.26 million, representing 106.19% of the projected annual amount for 2006. Specifically, purchases from affiliates of complete sets of project-supporting products totaled RMB 481.56 million, or 107.01% of the projected annual amount; and sales to affiliates of supporting components and parts amounted to RMB 208.70 million, or 104.35% of the projected annual amount. Based on the 2006 routine related-party transactions, the Company expects the total amount of such transactions for the full year 2007 to be approximately RMB 720 million, including approximately RMB 500 million in purchases of complete-system supporting products from related parties and approximately RMB 220 million in sales of supporting components to related parties. Please review the above report. May 22, 2007 |