DIDA INC (02559.HK): three-year travel framework with Tongcheng Travel
On 9 November 2026, DIDA INC (02559.HK) signed a three-year travel service framework with controlling shareholder Tongcheng Travel, fee caps RMB 24 million.
Key Highlights:
- The framework runs to 31 October 2029, with the group supplying travel services to Tongcheng Travel platform users and paying an IT fee per valid order.
- Tongcheng Travel holds about 88.74% indirectly and is the controlling shareholder, making the deal a Chapter 14A continuing connected transaction with caps of RMB 6 million for 2026 and RMB 24 million a year thereafter.
NewTimeSpace News: On 9 November 2026, Dida Inc. (Stock Code: 02559) signed a travel framework with Tongcheng Travel Holdings Limited, under which the group supplies travel services on its platforms and pays an IT fee per valid order until 31 October 2029, extendable by three years.
The announcement shows Tongcheng Travel indirectly holds about 88.74% and is the controlling shareholder, so the framework is a continuing connected transaction under Chapter 14A. The fee, a percentage of each order's value, must not exceed what Tongcheng Travel charges independent third parties, on normal commercial terms. Caps are RMB 6 million for 2026 and RMB 24 million for each later period.
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