Related party transactions

12 Months Ended

Dec. 31, 2023

Related party transactions

Note 23 : Related party transactions

Other than compensation to directors and stock options available to the directors, there were no transactions with other related parties in the years 2023, 2022 and 2021.

ZHEJIANG TIANLAN

Related party transactions

20. Related party transaction

There was no engineering service income from an investment in 2023 (2022: Nil) and there was remuneration to key management personnel of approximately RMB1,878,000 (2022: RMB 1,083,000).