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Hengdeli Holdings ( (HK:3389) ) has issued an update.
Hengdeli Holdings Limited has announced the renewal of its continuing connected transactions with Primetime Group through a 2025 Renewal Agreement, effective from January 1, 2025, for one year. The agreement maintains similar terms to the previous Master Services Agreement, with an annual cap set at RMB21.0 million. This renewal signifies Hengdeli’s intent to continue its business operations in the ordinary course, with the transactions being subject to reporting and annual review requirements under the Hong Kong Listing Rules, but exempt from independent shareholders’ approval.
More about Hengdeli Holdings
Hengdeli Holdings Limited is a company incorporated in the Cayman Islands, operating primarily in the shop design and decoration services industry. The company focuses on providing these services to its connected entity, Primetime Group, which is indirectly owned by a substantial shareholder of Hengdeli.
YTD Price Performance: 10.0%
Average Trading Volume: 6,500
Technical Sentiment Signal: Hold
Current Market Cap: $57.15M
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