Caissa Tosun forecasts $21.4m related-party transactions for 2025

Caissa Tosun Development (SZSE:000796) projects daily related-party transactions totaling approximately RMB 21.4 million (USD 3 million) for the fiscal year 2025. The transactions primarily involve procurement of food and beverage products, property leasing, and service provisions with entities related to major shareholders, including Qingdao Huanhaiwan Investment Development Group and its affiliates. The estimated amount includes RMB 1.33 million (USD 184,862) in purchases and RMB 20.1 million (USD 2.81 million) in sales. The company's board has approved the forecast, with related directors abstaining from the vote. These transactions are aimed at supporting Caissa Tosun's ongoing business operations and are conducted based on market prices to ensure fairness. The forecast is subject to shareholder approval at the upcoming general meeting, where related shareholders will abstain from voting.