Zhonglai Group (300393.SZ) subsidiary intends to sign a 38.78 million yuan procurement contract.

Caijing APP news, Zhonglai shares (300393.SZ) issued an announcement. The company's wholly-owned subsidiary, Jiangsu Zhonglai New Materials Technology Co., Ltd. (referred to as "Jiangsu Zhonglai"), recently conducted an open tender for the procurement of a total of 868,000 sets of photovoltaic steel frame frames of multiple models based on actual business needs. Chosen as the winning bidder was the related party Changshu Zhongjian Metal Industry Co., Ltd. (referred to as "Changshu Zhongjian"), with a bid amount of 38.7826 million RMB, constituting a related party transaction. Based on the bidding result, Jiangsu Zhonglai intends to sign a related procurement framework contract with Changshu Zhongjian, and under the framework contract, implement specific procurement according to demand, with a maximum procurement amount not exceeding 38.7826 million RMB and a maximum procurement quantity not exceeding 868,000 sets.