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Chongqing Construction expects steady related-party transactions

February 18, 2025 at 07:49 AM UTCBy FilingReader AI

Chongqing Construction Engineering Group Corp (SSE:600939) announced its 2024 annual related-party transaction execution and 2025 transaction forecasts. Actual related-party transactions for 2024 totaled 208.65 million yuan, a 5.13% decrease year-over-year and below the initial forecast. For 2025, the company projects 111.18 million yuan in such transactions, primarily involving sales and service provisions to related parties. These transactions are conducted under fair market conditions and are deemed beneficial for the company's operations and shareholder interests, with the goal of ensuring the company’s sustainable financial performance and operational results.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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