Tong Ren Tang Technologies Renews Advertising Framework Deal With Controlling Shareholder

Tong Ren Tang Technologies Co ( (HK:1666) ) just unveiled an announcement.

Tong Ren Tang Technologies has renewed its Advertising Agency Framework Agreement between its subsidiary Tong Ren Tang Century Advertising and ultimate controlling shareholder Tong Ren Tang Holdings, effective from 26 February 2026 to 31 December 2028. Under the non-exclusive arrangement, Tong Ren Tang Century Advertising will continue to provide advertising services, including online and offline campaigns, events, exhibitions, and product design, to the wider Tong Ren Tang Group.

The renewed agreement, which sets annual transaction caps for 2026–2028, qualifies as a continuing connected transaction under Hong Kong Listing Rules due to Tong Ren Tang Holdings’ status as a connected person. As the relevant percentage ratios exceed 0.1% but remain below 5%, the deal is subject to reporting, annual review, and announcement requirements, but is exempt from independent shareholders’ approval, simplifying compliance while maintaining disclosure obligations.

The most recent analyst rating on (HK:1666) stock is a Hold with a HK$4.50 price target. To see the full list of analyst forecasts on Tong Ren Tang Technologies Co stock, see the HK:1666 Stock Forecast page.

More about Tong Ren Tang Technologies Co

Tong Ren Tang Technologies Co., a joint stock company incorporated in China, operates in the pharmaceuticals and healthcare-related sector, leveraging the historic Tong Ren Tang brand. Through its subsidiary Tong Ren Tang Century Advertising, the group also provides marketing and advertising services to affiliated companies within the Tong Ren Tang Group, supporting brand promotion across online and offline channels.

Average Trading Volume: 1,111,862

Technical Sentiment Signal: Sell

Current Market Cap: HK$5.64B

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