Zhongfei New Technology's sub-subsidiary purchases raw material worth RMB283.2 million from related party

On 10 January, Zhongfei New Technology announced that its sub-subsidiary Vital Optics Technology Co.Asian Metal CopyrightOn 10 January, Zhongfei New Technology announced that its sub-subsidiary Vital Optics Technology Co.Asian Metal Copyright Ltd.Asian Metal Copyright, Guangdong Vital Rare and Precious Metal Materials Co.Asian Metal Copyright purchased raw material worth RMB283.Asian Metal Copyright, Limited, all of which are controlled by the company's actual controller Mr.Asian Metal Copyright2 million (USD43.Asian Metal Copyright The company paid RMB239.Asian Metal Copyright74 million) from 14 May, 2020 on through an intermediate service provider from a related company controlled by the company's actual controller Mr.Asian Metal Copyright Vital Optics Technology purchased the material from the related party under the actual controller in a period when raw material prices stood relatively, without benefit transfer and misappropriation of listed company.Asian Metal Copyright Shihui Zhu in order to ensure timely delivery to customers, stabilize customers and avoid customer loss.Asian Metal Copyright74 million from 14 May, 2020 on through an intermediate service provider from a related company controlled by the company's actual controller Mr.Asian Metal Copyright The company paid RMB239.Asian Metal Copyright02 million by the date of disclosure and will pay the rest of RMB43.Asian Metal Copyright7 million (USD37.Asian Metal Copyright The final suppliers of the abovementioned raw material are Guangdong Vital Materials Co.Asian Metal Copyright02 million) by the date of disclosure and will pay the rest of RMB43.Asian Metal Copyright, Guangdong Vital Rare and Precious Metal Materials Co.Asian Metal Copyright50 million (USD6.Asian Metal Copyright The company got its infrared laser business by gratuitous transfer from its actual controller and related party under the actual controller, which promised to avoid horizontal competition.Asian Metal Copyright72 million) based on arrival of goods as agreed in the contract.

The final suppliers of the abovementioned raw material are Guangdong Vital Materials Co., Ltd.Asian Metal CopyrightOn 10 January, Zhongfei New Technology announced that its sub-subsidiary Vital Optics Technology Co.Asian Metal Copyright, Guangdong Vital Advanced Materials Co.Asian Metal Copyright, Ltd.Asian Metal Copyright, Ltd.Asian Metal Copyright Shihui Zhu in order to ensure timely delivery to customers, stabilize customers and avoid customer loss.Asian Metal Copyright, Guangdong Vital Rare and Precious Metal Materials Co.Asian Metal Copyright02 million by the date of disclosure and will pay the rest of RMB43.Asian Metal Copyright Ltd.Asian Metal Copyright The raw material of this deal was the inventory of the related party under the actual controller and an essential production material of Vital Optics Technology.Asian Metal Copyright, Qingyuan Kelinteke Rare Metal Technology Co.Asian Metal Copyright Vital Optics Technology purchased the material from the related party under the actual controller in a period when raw material prices stood relatively, without benefit transfer and misappropriation of listed company.Asian Metal Copyright, Ltd.Asian Metal Copyright72 million based on arrival of goods as agreed in the contract.Asian Metal Copyright and Vital Materials Co.Asian Metal Copyright2 million USD43.Asian Metal Copyright, Limited, all of which are controlled by the company's actual controller Mr.Asian Metal Copyright The company paid RMB239.Asian Metal Copyright Shihui Zhu.

The company got its infrared laser business by gratuitous transfer from its actual controller and related party under the actual controller, which promised to avoid horizontal competition. The raw material of this deal was the inventory of the related party under the actual controller and an essential production material of Vital Optics Technology.Asian Metal Copyright50 million USD6.Asian Metal Copyright Vital Optics Technology purchased the material from the related party under the actual controller in a period when raw material prices stood relatively, without benefit transfer and misappropriation of listed company.

.Asian Metal CopyrightOn 10 January, Zhongfei New Technology announced that its sub-subsidiary Vital Optics Technology CoAsian Metal Copyright