China Jinmao Holdings Group Limited (HK:0817) has released an update.
China Jinmao Holdings Group Limited has struck a deal with Sinochem Information to use various digital services until the end of 2026, engaging in a connected transaction set to enhance its digital infrastructure. This strategic agreement includes services like information system construction and maintenance, network security, and cloud resources, adhering to the regulations of the Hong Kong Stock Exchange’s Listing Rules. Despite being exempt from the requirement of obtaining independent shareholder approval, the transaction requires reporting, announcement, and annual review due to its size.
For further insights into HK:0817 stock, check out TipRanks’ Stock Analysis page.
