Shenzhen Kaifa forecasts CNY 482.5m in related-party transactions for 2025

Shenzhen Kaifa Technology announced its forecast for daily related-party transactions in 2025, estimating a total value of CNY 482.46 million. The transactions encompass purchasing (CNY 98.70M), sales (CNY 299.50M), service fees (CNY 2.00M), and leasing (CNY 82.26M). Counterparties include China Electronics Corporation and its subsidiaries, along with other affiliated entities. The transactions will be based on general commercial terms and fair market pricing, subject to agreements signed by the parties involved. The Shenzhen Kaifa board of directors approved the plan, with related directors abstaining from voting.