Dongyue Group Limited (HK:0189) has released an update.
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Dongyue Group Limited has renewed its agreement for the sale and purchase of raw materials and services between its subsidiaries, Dongyue Fluorosilicone Technology and Dongyue Hydrogen, effective from January 1, 2025, to December 31, 2025. This agreement, involving transactions considered as continuing connected transactions under Hong Kong’s listing rules, will enable both entities to supply essential materials and services to each other for their operational needs. The transaction falls under certain reporting and announcement requirements but is exempt from independent shareholder approval.
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