---
title: "Kaiwen Education: Subsidiary signs a 7.8 million yuan catering service agreement"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/247277154.md"
description: "Kaiwen Education's subsidiary Kaiyu Xinde has signed a catering service agreement worth 7.8 million yuan with Beilun Health, with a term of 2 years and 9 months, starting from July 11, 2025, to April 10, 2028. The transaction has been approved by the company's board of directors and does not require approval from the shareholders' meeting. This transaction will help Kaiyu Xinde expand its catering business and will not have any adverse impact on the company's financial condition and operating results"
datetime: "2025-07-04T09:14:31.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/247277154.md)
  - [en](https://longbridge.com/en/news/247277154.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/247277154.md)
---

# Kaiwen Education: Subsidiary signs a 7.8 million yuan catering service agreement

Kaiwen Education announced that its subsidiary Kaiyu Xinde has signed a "Catering Service Agreement" with Beilun Health, under which Kaiyu Xinde will provide catering services in Area A of the Zhongguancun Bio-Manufacturing Industrial Park, with a total service fee paid by Beilun Health not exceeding 7.8 million yuan. This related party transaction has been approved by the fifteenth meeting of the sixth board of directors of the company and does not require submission to the shareholders' meeting for approval. The agreement is valid for 2 years and 9 months, from July 11, 2025, to April 10, 2028. This transaction is beneficial for the expansion of Kaiyu Xinde's catering business, achieving resource complementarity and reasonable allocation, and will not have any adverse impact on the company's current and future financial condition and operating results

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