Ordinary-course related-party trade transactions

Hong Kong IPO disclosure precedents · 138 companies, 139 items

General related-party/connected transactions entered into in the track record, disclosed per the accountant's report, which are trade in nature and conducted on arm's-length or normal commercial terms.

2026-09-30Application Proof
ACROBIOSYSTEMS CO., LTD北京百普赛斯生物科技股份有限公司

We have the certain transactions and balances with the related parties during the Track Record Period, details of which are set out in note 42 to the Accountants’ Report set out in Appendix I to this document.

Financial Information · p. 236

During the Track Record Period, all of our related party transactions were trade in nature and negotiated at an arm’s length basis.

Financial Information · p. 236

Our Directors believe that our transaction with related party during the Track Record Period was conducted in the ordinary course of business, and it did not distort our track record results or make our historical results not reflective of our future performance.

Financial Information · p. 236
The company's explanation, the adviser's view and the page in the filing: see Matters
2026-09-28Prospectus
Beijing ESWIN Computing Technology Co., Ltd.北京奕斯伟计算技术股份有限公司01256.HK

Our Directors confirm that all material related party transactions during the Track Record Period were conducted on an arm’s-length basis, and would not distort our results of operations over the Track Record Period or make our historical results over the Track Record Period not reflective of our expectations for our future performance.

Financial Information · p. 289

All our related party transactions are trade in nature.

Financial Information · p. 289
The company's explanation, the adviser's view and the page in the filing: see Matters
2026-09-25PHIP
Shenzhen Transsion Holdings Co., Ltd.深圳传音控股股份有限公司

One of our Independent Third Party distributors is a company in which we hold a 40% equity interest and one of our five largest customers in each period during the Track Record Period (“Company A”).

Business · p. 128

Our transaction with Company A was conducted in the ordinary course of business and carried out on commercial terms that were negotiated at arm’s length.

Business · p. 128

One of our five largest customers in each period of the Track Record Period is a company in which we hold a 40% equity interest and was our distributor during the Track Record Period.

Business · p. 131
The company's explanation, the adviser's view and the page in the filing: see Matters
2026-09-22Prospectus
Shenzhen Camsense Technologies Co., Ltd.深圳市欢创科技股份有限公司06802.HK

Our Directors are of the view that each of the related party transactions set out in Note 33 of the Accountants’ Report in Appendix I was conducted in the ordinary course of business and with normal commercial terms between the relevant parties.

Financial Information · p. 266

Our Directors are also of the view that our related party transactions during the Track Record Period would not distort our track record results or cause our historical results to become non-reflective of our future performance.

Financial Information · p. 266
The company's explanation, the adviser's view and the page in the filing: see Matters
2026-09-21Prospectus
Shenzhen Kinwong Electronic Co., Ltd.深圳市景旺电子股份有限公司03228.HK

We enter into transactions with our related parties from time to time. For details of our material related party transactions, see Note 38 to the Accountants’ Report included in Appendix I to this prospectus.

Financial Information · p. 241

Our Directors are of the view that each of the related party transactions set out in Note 38 to the Accountants’ Report included in Appendix I to this prospectus was conducted in the ordinary course of business on an arm’s length basis and with normal commercial terms between the relevant parties.

Financial Information · p. 241

Our Directors are also of the view that our related party transactions during the Track Record Period would not distort our track record results or cause our historical results to become non-reflective of our future performance.

Financial Information · p. 241
The company's explanation, the adviser's view and the page in the filing: see Matters
2026-09-11Prospectus
Transwarp Technology (Shanghai) Co., Ltd.星环信息科技(上海)股份有限公司06727.HK

All of the amounts due to/from the related parties are trade in nature.

Financial Information · p. 250

Our Directors are of the view that each of the related party transactions set out in Note 39 of the Accountants’ Report in Appendix I to this prospectus was conducted in the ordinary course of business on an arm’s length basis and with normal commercial terms between the relevant parties.

Financial Information · p. 250
The company's explanation, the adviser's view and the page in the filing: see Matters
2026-09-03Application Proof
SHENZHEN SALUBRIS PHARMACEUTICALS CO., LTD.深圳信立泰药业股份有限公司

Our Directors are of the view that each of the related party transactions set out in Note 41 to the Accountants’ Report in Appendix I to this document was conducted in the ordinary course of business on an arm’s length basis and with normal commercial terms between the relevant parties.

Financial Information · p. 248

Our Directors are also of the view that our transactions with related parties during the Track Record Period did not distort our results of operations or make our historical results not reflective of our future performance.

Financial Information · p. 248
The company's explanation, the adviser's view and the page in the filing: see Matters
2026-08-30Application Proof
Hangzhou Bangshun Pharmaceutical Co., Ltd.杭州邦顺制药股份有限公司

During the Track Record Period, we entered into certain related party transactions.

Financial Information · p. 250

Our Directors confirm that each of the significant related party transactions during the Track Record Period was conducted on an arm’s length basis, and would not distort our results of operations over the Track Record Period or make our historical results not reflective of our future performance.

Financial Information · p. 250
The company's explanation, the adviser's view and the page in the filing: see Matters
2026-08-28Application Proof
Nanjing Novlead Biotechnology Co., Ltd.南京诺令生物科技股份有限公司

During the Track Record Period, we had transactions with related parties in accordance with the terms agreed with the counterparties.

Financial Information · p. 257

Our Directors confirm that the material related party transactions during the Track Record Period were conducted on an arm’s length basis, and would not distort our results of operations over the Track Record Period or make our historical results over the Track Record Period not reflective of our expectations for our future performance.

Financial Information · p. 257
The company's explanation, the adviser's view and the page in the filing: see Matters
2026-08-21Application Proof
Kunlun New Energy Materials Technology (Yichang) Co., Ltd.昆仑新能源材料技术(宜昌)股份有限公司

We had the certain transactions and balances with the related parties during the Track Record Period, details of which are set out in Note 38 to the Accountants’ Report set out in Appendix I to this document.

Financial Information · p. 249

Our Directors believe that our transactions with related parties during the Track Record Period were conducted in the ordinary course of business and on an arm’s length basis, and did not distort our track record results or make our historical results not reflective of our future performance.

Financial Information · p. 250
The company's explanation, the adviser's view and the page in the filing: see Matters
2026-08-19Application Proof
SKG Health Technologies Co., Ltd.未来穿戴健康科技股份有限公司

We enter into transactions with our related parties from time to time. For details about our material related party transactions, see Note 36 to the Accountants' Report included in Appendix I to this document.

Financial Information · p. 244

Our Directors are of the view that each of the material related party transactions set out in Note 36 to the Accountants' Report included in Appendix I to this document was conducted in the ordinary course of business on an arm's length basis and with normal commercial terms between the relevant parties.

Financial Information · p. 244

Our Directors are also of the view that our material-related party transactions during the Track Record Period would not distort our track record results or cause our historical results to become non-reflective of our future performance.

Financial Information · p. 244
The company's explanation, the adviser's view and the page in the filing: see Matters
2026-07-31Application Proof
Luxvisions Innovation Technology Corp. Limited立景创新科技股份有限公司

During the Track Record Period, we entered into certain related party transactions from time to time, primarily related to compensation of our key management personnel, sales of raw materials and finished goods, purchase of raw materials and equipment, purchases from and provision of labor services to our related parties and leasing of properties.

Financial Information · p. 247

It is the view of our Directors that each of the related party transactions set out in Note 31 of the Accountants’ Report in Appendix I to this document (i) were conducted on normal commercial terms and/or on terms not less favorable than terms available from Independent Third Parties, which are considered fair, reasonable and in the interest of our Shareholders as a whole; and (ii) do not distort our Track Record Period results or make our historical results not reflective of future performance.

Financial Information · p. 247
The company's explanation, the adviser's view and the page in the filing: see Matters
2026-07-29Application Proof
Hand Enterprise Solutions Co., Ltd.上海汉得信息技术股份有限公司

During the Track Record Period, we entered into various related party transactions.

Financial Information · p. 216

Our Directors believe that our transactions with related parties during the Track Record Period and up to the Latest Practicable Date were conducted on an arm's length basis, and they did not distort our results of operations or make our historical results not reflective of our future performance.

Financial Information · p. 216
The company's explanation, the adviser's view and the page in the filing: see Matters
2026-07-22Application Proof
GUANGXI BAIFEI DAIRY CO., LTD.广西百菲乳业股份有限公司

Among these distributors, there was an associate in which we held a 49.0% equity interest.

Business · p. 132

Given the limited scale of sales to this associate, we believe that our cooperation with this associate follows the same arrangement as other distributors and did not affect the overall independence of our distributor network nor indicate any material reliance by us on this associate.

Business · p. 132

Our Directors are of the view that our related party transactions during the Track Record Period were conducted in the ordinary course of business at arm’s length with reference to normal commercial terms, and would not distort our track record results or make our historical results not reflective of our future performance.

Financial Information · p. 228
The company's explanation, the adviser's view and the page in the filing: see Matters
2026-07-20Application Proof
Silicon-Magic Semiconductor Technology (Hangzhou) Co., Ltd.芯迈半导体技术(杭州)股份有限公司

Our transactions with Fullsemi Semiconductor were conducted on an arm's length basis and on terms comparable to those offered by other suppliers providing similar services to us during the Track Record Period.

Business · p. 180

See Note 42 to the Accountant's Report set out in Appendix I to this Document for further details about our related party transactions during the Track Record Period.

Financial Information · p. 256

Our Directors are of the view that each of the related party transactions set out in Note 42 to the Accountant's Report in Appendix I to this Document was conducted on an arm's length basis and would not distort our track record results or cause our historical results to be not reflective of our future performance.

Financial Information · p. 257
The company's explanation, the adviser's view and the page in the filing: see Matters
2026-07-03Application Proof
HOSIN Global Electronics Co., Ltd.深圳宏芯宇电子股份有限公司

Our Directors confirm that these transactions were conducted in the ordinary and usual course of business and on an arm’s length basis, and they did not distort our results of operations or make our historical results not reflective of our future performance.

Financial Information · p. 258

Our transaction with Supplier D was conducted in the ordinary course of business and carried out on commercial terms that were negotiated at arm’s length.

Business · p. 170
The company's explanation, the adviser's view and the page in the filing: see Matters
2026-06-30Application Proof
Jiangsu Jasung Intelligent Industrial Technology Co., Ltd.江苏嘉轩智能工业科技股份有限公司

During the Track Record Period, we had transactions with certain related parties on terms of conditions similar to terms with other parties that are not related parties.

Financial Information · p. 232

Our Directors confirm that these transactions were conducted on arm's length basis and entered into in the ordinary course of business and would not distort our track record results or make our historical results not reflective of our future performance.

Financial Information · p. 232
The company's explanation, the adviser's view and the page in the filing: see Matters
2026-06-30Application Proof

During the Track Record Period, the Group entered into transactions with related parties.

Financial Information · p. 214

The Directors believe that the Group’s transactions with related parties during the Track Record Period were conducted on normal commercial terms and on an arm’s-length basis in the ordinary and usual course of business, and they did not distort its results of operations or make its historical results not reflective of its future performance.

Financial Information · p. 215
The company's explanation, the adviser's view and the page in the filing: see Matters
2026-06-30Application Proof
Beijing SiliconFlow Technology Co., Ltd.北京硅基流动科技股份有限公司

During the Track Record Period, our material related party transactions primarily included services purchased from related parties and public cloud-based services provided to related parties.

Financial Information · p. 197

Our Directors are of the view that each of the material related party transactions set out in Note 31 to the Accountant’s Report included in Appendix I to this document was conducted in the ordinary course of business on an arm’s length basis and with normal commercial terms between the relevant parties.

Financial Information · p. 197
The company's explanation, the adviser's view and the page in the filing: see Matters
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