Summary by Moomoo AI
CR BLDG MAT TEC released a supplemental announcement to clarify matters related to the 2024 Information Technology Products and Services Framework Agreement with CR Digital. The company detailed management measures to ensure compliance with related party transactions, including contract approval, market research, and price comparison procedures.The announcement explained the reasons for the delay in signing the 2024 framework agreement and acknowledged that continuing to use services during the waiting period did not meet listing rule requirements. As a remedial measure, the company will strengthen communication with related parties, initiate contract renewal negotiations in advance, and has provided special training for relevant staff to enhance compliance awareness.In addition, the announcement added clarification on the factors determining the annual cap, including historical transaction amounts, expected scope of cooperation, service quality, and Business development needs. The company emphasized that the demand for Information Technology services remains strong, particularly in promoting digital and intelligent construction, and plans to expand the application scope of smart factories.
