---
title: "ZZDC: Subsidiary signs a material purchase and sales contract worth 8.8635 million yuan with related parties"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/254159666.md"
description: "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"
datetime: "2025-08-22T11:31:40.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/254159666.md)
  - [en](https://longbridge.com/en/news/254159666.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/254159666.md)
generator: "portal-rs"
---

# 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

### Related Stocks

- [000753.CN](https://longbridge.com/en/quote/000753.CN.md)

## Related News & Research

- [CPCA sees China August NEV retail sales at about 1.04 million, penetration may hit record](https://longbridge.com/en/news/296629445.md)
- [BYD debuts third-gen Tang SUV, launch set for Q4](https://longbridge.com/en/news/296577383.md)
- [VIMAB: Strong Q2 revenue growth and new battery contracts signal improving performance](https://longbridge.com/en/news/296577862.md)
- [B3 announces availability of sustainability-related financial information report for FY2025](https://longbridge.com/en/news/296539532.md)
- [Arctos Adds Another NFL Team With $10.6 Billion Falcons Deal](https://longbridge.com/en/news/296524760.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**