Shen Textile A (000045.SZ) subsidiary plans to carry out procurement cooperation with an affiliated party, with anticipated total transactions not exceeding 316 million yuan in 2026.

Zhtng Cijng APP news, Shen Fangzhi A (000045.SZ) announced that its subsidiary Shenzhen Shengbo Optoelectronic Technology Co., Ltd. plans to cooperate with Hefei Xinmei Material Technology Co., Ltd. and its subsidiaries in the procurement of raw materials for polarizer films and coating materials, with an estimated total transaction amount not exceeding 316 million yuan by the year 2026. This transaction constitutes a related party transaction. The company had a similar transaction with the aforementioned counterparty of 196 million yuan in the previous year.