Where related party transactions occur during the reporting period of the issuer, which aspects should the intermediary agencies focus on? What are the verification and disclosure requirements?

The issuer shall disclose the related party relationship and its transactions completely and accurately in strict accordance with the Accounting Standards for Business Enterprises No.36-Disclosure of Related Parties, the Administrative Measures for Information Disclosure of Unlisted Public Companies and the relevant business rules promulgated by the National Stock Transfer Company. The controlling shareholder and actual controller of the issuer shall assist the issuer to disclose the related party relationship and its transactions completely and accurately. Related party transactions between the issuer and the controlling shareholder, actual controller and its related parties shall be controlled within a reasonable range according to the business model. Sponsors, reporting accountants and issuers' lawyers should focus on: the financial status and operation of related parties; The cancellation and disassociation of related parties during the reporting period of the issuer, and the subsequent transactions between the issuer and the above-mentioned original related parties after the disassociation; Rationality of the total income and profits generated by related party transactions, whether related party transactions affect the operating independence of the issuer, whether they constitute dependence on the controlling shareholder or actual controller, and whether there are situations in which the income and profits or costs of the issuer are adjusted and the interests of the issuer are transferred through related party transactions; Whether the specific measures disclosed by the issuer to reduce related party transactions in the future are feasible. When the sponsor institution, the reporting accountant and the issuer's lawyer check whether the issuer has related party relations with its customers and suppliers, they should not only consult written materials, but also visit the materials provided by the departments of industry and commerce, taxation and banking to identify whether the customers, actual controllers and main managers of suppliers have related party relations with the issuer. The sponsor institution, the reporting accountant and the issuer's lawyer shall fully check and express their opinions on the identification of the issuer's related parties, the integrity of the information disclosure of related party transactions, the necessity, rationality and fairness of related party transactions, whether related party transactions affect the issuer's independence, whether it may have a significant adverse impact on the issuance, and whether it has fulfilled the decision-making procedures of related party transactions.