Red Star Macalline estimates RMB 600m related transactions

Red Star Macalline Group Corp (SSE:601828) announced its estimated related-party transaction amounts with financial leasing companies for 2025, totaling RMB 600 million. The transactions, involving direct leasing and sale-leaseback arrangements, are with Xiamen C&D Leasing, a wholly-owned subsidiary of Red Star Macalline's controlling shareholder, Xiamen C&D Corporation. These transactions are aimed at fulfilling the company's working capital needs and improving fund efficiency. The financing is based on market prices and conditions, where the finance costs will be no higher than market benchmarks.