Financial Wire

Zhejiang Longsheng Group Discloses 2026 Related-Party Deals

-- Zhejiang Longsheng (SHA:600352) disclosed its routine related-party transactions in 2026, according to a filing with the Shanghai bourse.

The chemical manufacturer expects to buy up to 45 million yuan from Chengdu Beifang Chemical and 30 million yuan from Zhejiang Jitai New Materials.

Service fees to Shaoxing Shangyu Zhonglian Environmental are capped at 19 million yuan. Sales of products and energy to Longsheng Thin Plate and Zhongqing Chemical are estimated at 54 million yuan and 16 million yuan, respectively.

Shares of the company fell 7% in recent trade.

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