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Tang Ren Tongfu expects related party transactions to be 200 million yuan in 2020 The related parties are the actual controller Fang Guodong and his spouse

On February 21, the new third board innovation layer company Tang ren Tongfu (430595) issued an announcement on the expected daily related party transactions in 2020, and the amount expected to occur in 2020 is 200 million yuan.

On February 20, Tang Ren Tongfu issued an announcement on the expected daily related party transactions in 2020, with an estimated amount of 200 million yuan in 2020. The main transaction content was that Fang Guodong, the controlling shareholder and actual controller of the company, and his spouse Shao Qiong provided mortgage, guarantee, credit and pledge of 150 million yuan for the company's application for credit or loan, and Fang Guodong provided a loan of 50 million yuan for the company.

In terms of related relationships, Fang Guodong holds 49.336 million shares of the company, with a shareholding ratio of 50.90%, which is the controlling shareholder and actual controller of the company, and Shao Qiong is Fang Guodong's spouse.

Compared with the actual amount of 81.98 million yuan incurred with related parties in 2019, there is a big difference between the estimated amount in 2020 and the actual amount incurred in the previous year, which Tang Ren Tongfu said was due to the expected increase in business demand in 2020.

The above-mentioned proposals related to the expected daily related party transactions in 2020 have been deliberated by the Board of Directors and need to be submitted to the General Meeting of Shareholders for consideration.

Tang Ren Tongfu said that in order to promote the sustainable and stable development of the company's business and the needs of normal production and operation, related parties provide mortgages, guarantees, credits, pledges and loans for the company's application for credit or loans. Within the scope of the expected daily related party transactions in 2020, the company's operating management will sign relevant agreements according to the needs of business development.

According to the third quarter report of 2019, as of September 30, 2019, Tang Ren Tongfu achieved operating income of 333 million yuan and net profit of 23.4496 million yuan.

According to the data of The Tuobei Network, Tangren Tongfu is a service provider that provides communication operators with network engineering construction services, network maintenance services and network optimization services related to mobile communication services (product coverage communication network design optimization, communication pipeline construction, optical cable line engineering, urban rail communication network construction, etc.).

This article originated from the digging shell network

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