Tian Yuan Group Holdings Ltd. (HK:6119) has released an update.
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Tian Yuan Group Holdings Ltd. has renewed its Terminal Services Framework Agreement for 2025, allowing the continuation of terminal uploading and unloading services with Tianyuan Petrochemical and Maoming Tianyuan. This renewal involves connected transactions due to the ownership structure, but remains compliant with Hong Kong Stock Exchange regulations without needing independent shareholder approval. The agreement will operate with a fixed pricing policy based on market conditions and industry benchmarks.
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