In 2019, 2020 and 2021 and the ten months ended October 31, 2022, we incurred technology fee of RMB147.1 million, RMB109.8 million, RMB0.01 million and nil, respectively, to related parties, which were primarily in relation to software commissioned development service provided to us, including mainly the development of SmartInvest Pro (previously named as Hui Investment) and certain modules of operation management system.
Financial Information · p. 413
In 2021 and the ten months ended October 31, 2022, we had listing expense paid on our behalf by Yintech Investment Holding and Yintech Enterprise (HK) Co., Ltd of RMB6.1 million and RMB6.0 million in relation to the listing fees including legal fees, legal search fees and listing application fees as we did not have a Hong Kong bank account or when our Hong Kong bank account was just opened and did not have cash to cover the listing fees in 2021 and the ten months ended October 31, 2022, when the listing expenses were due.
Financial Information · p. 415
The company's explanation, the adviser's view and the page in the filing: see MattersBased on the above, our Directors believe that the terms and prices were in line with the market practice and the industry pricing methods, and such related party transactions did not distort our results of operations or make our historical results not reflective of our future performance.
Financial Information · p. 416