Gelonghui on October 30th. Shenzhen Mason Technologies (002654.SZ) announced that, in order to further leverage synergies, expand the sales scale and market share of storage products, the company's holding subsidiary Hubei Changjiang Wanrun Semiconductor Technology Co., Ltd. (referred to as "Wanrun Semiconductors") plans to sign a "Sales Framework Agreement" with Hubei Changjiang Optoelectronic Information Industry Supply Chain Co., Ltd. (referred to as "Changjiang Optoelectronics") based on the industry and its own development situation. Wanrun Semiconductors plans to sell storage products to Changjiang Optoelectronics for a period not exceeding three years.
The company's controlling shareholder, Changjiang Industrial Investment Group Co., Ltd. (referred to as "Changjiang Industrial Group"), indirectly controls Changjiang Optoelectronics. Changjiang Optoelectronics belongs to the "Shenzhen Stock Exchange Stock Listing Rules" Article 6.3.3, paragraph 2, item (2), related party and this transaction constitutes a related party transaction.
