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.
During the Track Record Period, we entered into various transactions with our related parties from time to time, which were all trade in nature.
Financial Information · p. 238
Our Directors believe that our transactions with related parties during the Track Record Period 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.
Our Directors confirm that the material related party transaction 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 over the Track Record Period not reflective of our expectations for our future performance.
Our Directors believe that our transactions with related parties during the Track Record Period were conducted in the ordinary and usual course of business and on an arm’s length basis, and they did not distinct our results of operations or make our historical results not reflective of our future performance.
It is a joint venture established by us and a leading automotive company in China. As of the Latest Practicable Date, we held 45.0% equity interest in Customer B.
In connection with these continuing connected transactions, we have applied for, and the Stock Exchange [has granted] us, waivers from strict compliance with certain requirements set out in Chapter 14A of the Listing Rules, including waivers of continuing connected transactions with terms of more than three years.
In 2023, 2024 and 2025, our revenue generated from such sales was RMB194.0 million, RMB273.8 million and RMB353.4 million, respectively, accounting for 1.8%, 2.6% and 3.1% of our total revenue in the same periods, respectively.
Business · p. 128
In 2023, 2024 and 2025, we had 12, 14 and 31 customers, including retailers and distributors, which were or controlled by our former employees.
Business · p. 129
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.
For a discussion of material related party transactions during the Track Record Period, see Note 32 to the Accountants’ Report set out in Appendix I to this Document.
Financial Information · p. 212
Our Directors are of the view that each of the related party transactions set out in Note 32 to the Accountants’ 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.
Our Directors believe that our transactions with related parties during the Track Record Period were conducted in the ordinary and usual course of business and on an arm’s length basis, and they did not distinct our results of operations or make our historical results not reflective of our future performance.
Financial Information · p. 252
Our Directors confirm that balances with the related party as of December 31, 2025 will be settled prior to the [REDACTED].
In August 2025, we engaged a new distributor, which at the commencement of engagement was an Independent Third Party, under normal commercial terms and on an arm’s length basis.
Business · p. 141
Our revenue generated from this distributor amounted to RMB8.0 million, accounting for 1.7% of our revenue in 2025.
Business · p. 141
As of the Latest Practicable Date, we already terminated the transactions with this distributor.
We had the following material transactions during the Track Record Period with related parties.
Financial Information · p. 215
Our Directors believe that these transactions were conducted on normal commercial terms and on an arm’s length basis in the ordinary and usual course of business, and did not distort our results of operations or make our historical results not reflective of our future performance.
During the Track Record Period, we engaged in two related party transactions, which involved the provision of packaging and testing services for wafers and purchase and sales of goods.
Financial Information · p. 213
Our Directors believe that our transactions with related parties during the Track Record Period were conducted in the ordinary and usual course of business and on an arm’s length basis, and they did not distinct our results of operations or make our historical results not reflective of our future performance.
During the Track Record Period, transactions with these related parties accounted for approximately RMB6.8 million, RMB5.0 million and RMB4.2 million of our total revenues in FY2023, FY2024 and FY2025, respectively.
Financial Information · p. 213
Our Directors are of the view that each of the related party transactions set out in Note 33 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.
For details about our material related party transactions, see Note 30 to the Accountants’ Report set out in Appendix I to this Document.
Financial Information · p. 175
Our Directors are of the view that each of the material related party transactions set out in Note 30 to the Accountants’ Report set out 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.
We have entered into certain one-off connected transactions, and expect to continue, certain transaction that will constitute partially-exempt continuing connected transactions of our Company under the Listing Rules upon [REDACTED] as described in the section headed “Connected Transactions” in this Document.
Summary · p. 10
Our Directors believe that these transactions were conducted in the ordinary and usual course of business, and did not distort our results of operations or make our historical results unreflective of our future performance.
During the Track Record Period, we entered into certain transactions with related parties in the ordinary course of business. These transactions primarily involved the sale and purchase of goods, provision of rental services, and receipt of shareholder guarantees that had been fully released in 2022.
Financial Information · p. 231
Rental income was derived from the leasing of unused land and facilities at our Yading Road site to a related party.
Financial Information · p. 208
Our Directors confirm that all transactions with related parties described in Note 33 of the Accountants’ Report were conducted on normal commercial terms determined after arm’s length negotiation having considered the rental paid for our office is comparable to the prevailing market rent of comparable properties in similar locations, which are considered fair, reasonable and in the interest of the Shareholders as a whole.
During the Track Record Period, our related party transactions mainly represented sales of materials, provision of development services, and property management services.
Financial Information · p. 263
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.
During the Track Record Period, we had entered into certain related party transactions, details of which are set out in Note 42 of the Accountants’ Report in Appendix I to this document.
Financial Information · p. 243
Our Directors are of the view that each of the related party transactions set out in Note 42 of 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. 243
Our Directors are also of the view that our related party transactions during the Track Record Period would not distort our results of operations or make our historical results not reflective of our future performance.
During the Track Record Period, we entered into a number of related party transactions concerning Linked Intelligent and its subsidiary, which involves miscellaneous purchases and sales of products.
Financial Information · p. 263
Our Directors are of the view that each of the related party transactions was conducted in the ordinary and usual course of business and on normal commercial terms between the relevant parties and does not distort our Track Record Period results or make our historical results not reflective of future performance.
During the Track Record Period, we had entered into certain related party transactions.
Financial Information · p. 262
Our Directors confirm that, all material related party transactions during the Track Record Period were conducted on normal commercial terms or such terms that were no less favorable to our Group than those available to independent third parties and were fair and reasonable and in the interest of our Shareholders as a whole
Financial Information · p. 262
The pricing and credit terms for the related party transactions are comparable those similar transactions with the Independent Third Parties and no favorable terms has been granted to/by such related party.
For example, we sold certain raw materials of smartphones and tablets to DBG Technology (India) Private Limited and DBG Technology Co., Ltd., and purchased outsourced processing services from them during the Track Record Period.
Financial Information · p. 365
Our Directors are of the view that each of the related party transactions in Note 38 to the Accountants' Report as set out in Appendix I to this prospectus was conducted in the ordinary course of business on an arm's length basis and on normal commercial terms between the relevant parties.
Financial Information · p. 365
Directors are 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.