Gelonghui, December 29 | ST Tianlong (300029.SZ) announced that the company and Hunan Yongzhou Lingling Yuneng Wind Power Co., Ltd. (hereinafter referred to as “Hunan Yuneng”) intend to sign the “Purchase Contract for Yuneng Hunan Lingling Liangshanqi Wind Farm Project Wind Turbines (Including Towers, Anchors, etc.) and Equipment and Materials Procurement Contract for the Box Variable Equipment and Booster Station Installation Project in Hunan Lingling Liangshanqi Wind Farm Project”. The contract amounts are 0.205 billion yuan and 28 million yuan respectively, for a total of 0.233 billion yuan yuan. The content of the contract is that Hunan Youneng separately procures wind turbines (including towers, anchors, etc.), equipment and materials for the installation of wind turbines (including towers, anchors, etc.), box conversion equipment, and booster station installation projects from the company for Yuneng Hunan Lingling Liangshanqi wind farm project.
The trading party, Hunan Yongzhou Youneng, is a subsidiary holding company of Beijing Yuli Investment Management Co., Ltd. (hereinafter referred to as “Beijing Yuli”). According to the relevant provisions of the “Shenzhen Stock Exchange GEM Stock Listing Rules” and “Shenzhen Stock Exchange Listed Companies Self-Regulatory Guidelines No. 7 - Transactions and Related Transactions”, the transaction constituted a related transaction.