Caesar Travel Industry: Wholly-owned subsidiary intends to acquire 100% equity of Qingdao Lufthansa.

date
25/09/2025
Caesar Travel Industry Announcement: Wholly-owned subsidiary Xinhua Aviation Food will use its own funds of 16 million RMB to acquire 100% equity of Qingdao Lufthansa held by Hong Kong International. Qingdao Lufthansa was established in 2007 with a registered capital of 79.6505 million RMB, specializing in standardized production and distribution services for airline meals and frozen and chilled foods. By the end of 2024, Qingdao Lufthansa's total assets were 39.1781 million RMB, total liabilities were 61.1177 million RMB, and owner's equity was -21.9396 million RMB. In 2024, the operating income was 11.6616 million RMB, and the net profit was -15.3698 million RMB.