Chow Tai Seng: It is expected to sell products to affiliated parties for no more than 250 million yuan in 2026.
Chow Tai Seng announced that the company plans to sign a "Live Broadcasting Sales Cooperation Agreement" with its affiliated party Dasheng Wuyou, with an expected total sales amount to Dasheng Wuyou not exceeding 250 million yuan in the year 2026. The actual sales in 2025 were 2.3237 million yuan. This transaction has been approved by the board of directors and a special meeting of independent directors. Within the decision-making authority of the board of directors, there is no need to submit it to the shareholders' meeting for approval. Dasheng Wuyou's financial and operational conditions are normal, and its ability to fulfill the agreement is good. This cooperation meets the company's needs for high-quality business development and will not have any adverse impact on the company's financial and business independence.
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