Haina Intelligent Equipment Renews Machine Parts Purchase Agreement with Shengrong Machinery
Reuters
Dec 05, 2025
Haina Intelligent Equipment Renews Machine Parts Purchase Agreement with Shengrong Machinery
Haina Intelligent Equipment International Holdings Ltd. announced the renewal of its continuing connected transactions with Jinjiang City Shengrong Machinery Equipment Limited. The company has entered into a new framework agreement, the "2026 Shengrong Purchase Agreement," dated 5 December 2025, for the purchase of machine parts for a term of three years from 1 January 2026 to 31 December 2028. The company stated that purchase orders will be placed with Shengrong Machinery only if the terms offered are no less favourable than those available in the market and from independent third parties. The board, including independent non-executive directors, considers the agreement's terms fair and reasonable and in the interests of the company and its shareholders.
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