Anhui Wanwei Updated High-tech Material Industry's Holding Subsidiary Deruige Signs Entrusted Management Cooperation Agreement with Shanjin Optoelectronics

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Summary · why it matters

Anhui Wanwei Updated High-tech Material Industry announced on September 22 that its holding subsidiary Deruige Company signed an Entrusted Management Cooperation Agreement with Shanjin Optoelectronics. The entrustment period is one year, and the management fee is calculated at 1% of Deruige's revenue and 30% of its total profit. Shanjin Optoelectronics is a subsidiary of Shanshan Corporation, which is under the controlling shareholder Wanwei Group, making this transaction a related-party transaction. The transaction has been approved by the board of directors and does not require submission to the shareholders' meeting for review.

Impact on assets 3

Health Care▲ · 1 stocks
Others▲ · 2 stocks
Ningbo Shanshan Co Ltd
600884
± MixedCapitalrelevance

Shanjin Optoelectronics, a subsidiary of Shanshan Corporation, enters an entrusted management deal with Deruige under common control.

Off-coverage companies 2

Shanjin OptoelectronicsPrivate± Mixed
Capitalrelevance

Shanjin Optoelectronics signs a one-year entrusted management cooperation agreement with Deruige, a related-party transaction.

安徽皖维集团有限责任公司Private± Mixed
Capitalrelevance

Wanwei Group is the controlling shareholder of both parties, making the Deruige-Shanjin entrusted management deal a related-party transaction.

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