Better Life Commercial Chain adjusts structure, forecasts 2026 transactions
Better Life Commercial Chain Co., Ltd. approved an organizational restructuring at its board of directors' meeting on November 18, 2025, to optimize internal management without impacting operations. The revised structure includes a chairman, chief executive, and various departments, along with several business units.
Concurrently, the company forecasts significant related party transactions for 2026, totaling over CNY 40,766.09 for goods and services, CNY 3,536.846 for leases, and CNY 1,600 for other transactions, all based on market principles. These transactions involve entities like Wumei Boya Chunya, Xiangtan Property Investment and Industrial Development, Chengdu Baitu You Ni, and Better Life Investment Group. The company also announced the disposal of 179,000 shares of its stock held by subsidiaries to resolve cross-shareholding issues and enhance asset liquidity, following an approval from the board of directors on November 18, 2025.
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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