ZZDC: Subsidiary signs a material purchase and sales contract worth 8.8635 million yuan with related parties

ZZDC announced that its subsidiary Fujian Zhanheng New Construction Group Co., Ltd. has signed a "Material Purchase and Sale Contract" with the related party Fujian Zhanglong Pipe Industry Technology Co., Ltd., with a total contract price of 8.8635 million yuan. This transaction involves the procurement of ready-mixed concrete and cement-stabilized granular materials for the Fangjin Avenue road project. Zhanglong Pipe Industry is a subsidiary of the company's controlling shareholder Fujian Zhanglong Group, and this transaction constitutes a related party transaction. The performance of the contract will not have a significant impact on the company's total assets, net assets, and net profit for the current and future accounting years