Luzhou Xinglu Water Signs Property Management Deal

Luzhou Xinglu Water (Group) Co., Ltd. Class H (HK:2281) has released an update.

Luzhou Xinglu Water (Group) Co., Ltd. has entered into a one-year property management service contract with its connected entity, Xinglu Property Management, to manage its office premises and water facilities for RMB1.46 million. This deal is categorized as a continuing connected transaction under Hong Kong’s Listing Rules, requiring reporting and review but exempt from independent shareholder approval.

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