Gelonghui, November 28th - Suda shares (001277.SZ) announced that the company's holding subsidiary, Shuozhou Suda Industrial Machinery Service Co., Ltd. (hereinafter referred to as 'Shuozhou Suda'), due to business needs, plans to purchase special brackets from Zhengzhou Coal Mining Machinery Group Co., Ltd. (hereinafter referred to as 'Zhengzhou Coal Machinery'), with an estimated total contract price of 5.0832 million yuan (including tax).
Zhengzhou Coal Machinery, a wholly-owned subsidiary of Zhengzhou Coal Mining Machinery Group Co., Ltd. (hereinafter referred to as 'Zhengmei Machine'), owns more than 5% of the shares of the company. According to relevant regulations such as the 'Shenzhen Stock Exchange Stock Listing Rules,' this transaction constitutes a related party transaction.
