Hna-Caissa Travel Group Co LtdWholly-owned grandchild company is suspected victim of 26.95 million yuan contract fraud, with police filing a case and possible adverse impact on current or future profits.

Caissa Touristic announced on the evening of September 15 that its wholly-owned grandchild company, Caissa Tongsheng Cultural Industry Development (Beijing) Co., Ltd., is suspected of being a victim of contract fraud, and has reported the case to public security authorities, which have filed it for investigation. After Caissa Cultural signed a performance service contract with the counterparty, it paid 26.95 million yuan in contract payments as agreed. However, during business execution, it found that it could not establish effective contact with the other party, suspected the other party of contract fraud, and immediately reported the case. It has now received a Case Filing Notice issued by the Nanhai Branch of the Foshan Municipal Public Security Bureau. The announcement stated that the case is still in the filing and investigation stage, and there is uncertainty regarding its progress and final outcome, which may have an adverse impact on the company's current or future profits. However, the company's production and operations are normal, and this matter will not have a material adverse impact on its ability to continue as a going concern. The company has launched an internal special review and will determine internal responsibilities, while also cooperating with the public security authorities' investigation and making every effort to recover losses. In the first half of 2026, Caissa Touristic achieved operating revenue of 435 million yuan, a year-on-year increase of 37.08%, and a net loss attributable to shareholders of the listed company of 11.0058 million yuan, narrowing by 54.68% from a loss of 24.2824 million yuan in the same period last year.
Hna-Caissa Travel Group Co LtdWholly-owned grandchild company is suspected victim of 26.95 million yuan contract fraud, with police filing a case and possible adverse impact on current or future profits.
The grandchild company itself is the entity suspected of being defrauded of 26.95 million yuan in contract payments, prompting a police investigation.