Wankai New Materials: Its Holding Grandchild Firm Inks Business Deal with Related Entity Lingxin Qiaoshou
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Author:小编   

On December 24, Wankai New Materials made an announcement stating that its holding grandchild company, Qingmei Zhishu, had entered into a Purchase Contract with the related party, Lingxin Qiaoshou. As per the contract terms, Qingmei Zhishu is set to supply Lingxin Qiaoshou with lightweight components and structural parts necessary for humanoid robot arms, along with humanoid assembly services. The overall contract value, inclusive of tax, stands at RMB 10 million. Moreover, both parties foresee conducting similar related-party transactions in 2026, with the transaction amount projected to hit RMB 50 million.