Yulong: Announcement by Subsidiary Zhejiang Yuzuan Precision Components Co., Ltd. on Self-Built New Factory Construction - Phase 1 Engineering Contract (Supplement to Announcement on April 20, 115)
Yulong's subsidiary, Zhejiang Yuzuan Precision Components Co., Ltd., has signed the first phase of an engineering contract for a new factory construction, totaling RMB 39.2 million (RMB 35.963 million excluding tax). This investment aims to meet future operational development plans and production capacity demands, supplementing an earlier announcement on April 20, 115.
📋 Article Processing Timeline
- 📰 Published: April 20, 2026 at 09:00
- 🔍 Collected: May 9, 2026 at 08:00 (455h 0m after Published)
- 🤖 AI Analyzed: May 9, 2026 at 08:42 (42 min after Collected)
1. Contract type: Self-built entrusted construction contract
2. Date of occurrence: 115/4/20~115/4/20
3. Date of Board of Directors' approval: January 21, 115 (Republic Era calendar)
4. Other approval dates: Not applicable
5. Counterparty to the contract and its relationship with the company:
Counterparty: Zhejiang Zhongnan Construction Group Co., Ltd., non-related party.
6. Main content of the contract (including total contract amount, estimated amount to be invested, and contract start and end dates), restrictive clauses and other important agreements:
The first phase of the engineering contract, with a total contract amount of RMB 39,200 thousand (RMB 35,963 thousand excluding tax).
Restrictive clauses and other important agreements: None
7. Name of professional appraiser's firm or company and its appraisal results:
Not applicable
8. Name of real estate appraiser: Not applicable
9. Real estate appraiser's license number: Not applicable
10. Specific purpose of acquisition:
To meet future operational development plans and production capacity demands
11. Opinions of directors who expressed dissent to this transaction:
None
12. This transaction is a related party transaction: No
13. Date of approval by supervisors or audit committee:
January 21, 115 (Republic Era calendar)
14. Is the appraisal report for a limited price, specific price, or special price: No or not applicable
15. Is the appraisal report not yet obtained: No or not applicable
16. Reason for not yet obtaining appraisal report:
Not applicable
17. If there is a significant difference in the appraisal results, the reason for the difference and the CPA's opinion:
Not applicable
18. Name of accounting firm: Not applicable
19. Name of accountant: Not applicable
20. Accountant's license number: Not applicable
21. Date of previous significant announcement on the same matter:
April 20, 115 (Republic Era calendar)
22. Other matters to be specified:
The Board of Directors approved on January 21, 115 (Republic Era calendar) that the subsidiary, Zhejiang Yuzuan Precision Components Co., Ltd., plans to build a new factory through self-built entrusted construction within an untaxed amount of RMB 230,000 thousand.
2. Date of occurrence: 115/4/20~115/4/20
3. Date of Board of Directors' approval: January 21, 115 (Republic Era calendar)
4. Other approval dates: Not applicable
5. Counterparty to the contract and its relationship with the company:
Counterparty: Zhejiang Zhongnan Construction Group Co., Ltd., non-related party.
6. Main content of the contract (including total contract amount, estimated amount to be invested, and contract start and end dates), restrictive clauses and other important agreements:
The first phase of the engineering contract, with a total contract amount of RMB 39,200 thousand (RMB 35,963 thousand excluding tax).
Restrictive clauses and other important agreements: None
7. Name of professional appraiser's firm or company and its appraisal results:
Not applicable
8. Name of real estate appraiser: Not applicable
9. Real estate appraiser's license number: Not applicable
10. Specific purpose of acquisition:
To meet future operational development plans and production capacity demands
11. Opinions of directors who expressed dissent to this transaction:
None
12. This transaction is a related party transaction: No
13. Date of approval by supervisors or audit committee:
January 21, 115 (Republic Era calendar)
14. Is the appraisal report for a limited price, specific price, or special price: No or not applicable
15. Is the appraisal report not yet obtained: No or not applicable
16. Reason for not yet obtaining appraisal report:
Not applicable
17. If there is a significant difference in the appraisal results, the reason for the difference and the CPA's opinion:
Not applicable
18. Name of accounting firm: Not applicable
19. Name of accountant: Not applicable
20. Accountant's license number: Not applicable
21. Date of previous significant announcement on the same matter:
April 20, 115 (Republic Era calendar)
22. Other matters to be specified:
The Board of Directors approved on January 21, 115 (Republic Era calendar) that the subsidiary, Zhejiang Yuzuan Precision Components Co., Ltd., plans to build a new factory through self-built entrusted construction within an untaxed amount of RMB 230,000 thousand.