Summary by Futu AI
CR BLDG MAT TEC issued a supplemental announcement clarifying matters related to the 2024 framework agreement on information technology products and services with CR Digital Technology. The company elaborated on management measures to ensure compliance with continuing related party transactions, including procedures for contract approval, market research, and price comparison.The announcement explained the reasons for the delay in signing the 2024 framework agreement and acknowledged that the continued use of services during the waiting period did not comply with listing rules requirements. As a remedial measure, the company will strengthen communication with related parties, initiate renewal negotiations in advance, and has provided specialized training for relevant personnel to enhance compliance awareness.In addition, the announcement supplemented the determining factors of the annual cap, including historical transaction amounts, expected cooperation scope, service quality, and business development needs. The company emphasized that the demand for information technology services remains strong, particularly in advancing digital and intelligent construction, and plans to expand the application scope of intelligent factory.