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The latest announcement is out from Xingye Wulian Service Group Co. Ltd. ( (HK:9916) ).
Independent shareholders of Xingye Wulian Service Group Co. Ltd. have approved, by poll at an extraordinary general meeting held on 30 December 2025, the 2025 Master Property Management Framework Agreements, the 2025 Master Property Engineering Framework Agreements and the 2025 Master Construction Framework Agreement, together with the related transaction arrangements and annual caps for the financial years ending 31 December 2026, 2027 and 2028. With the controlling shareholder Foison Amber Development Limited abstaining from voting in accordance with listing rules, all votes cast by eligible independent shareholders supported the resolution, providing formal shareholder backing for the group’s continued provision of property management, value-added and engineering services and its construction services cooperation framework, thereby underpinning the company’s operational continuity and governance compliance for related-party transactions over the next three years.
More about Xingye Wulian Service Group Co. Ltd.
Xingye Wulian Service Group Co. Ltd., incorporated in the Cayman Islands and listed in Hong Kong, operates in the property-related services sector, providing property management and value-added services, property engineering services, and engaging in construction-related arrangements through framework agreements with counterparties such as Zensun Development Group. The company’s business is structured around long-term master framework agreements that set annual caps for intra-group and related-party transactions, reflecting a focus on recurring service income within the property and construction ecosystem.
Average Trading Volume: 83,653
Technical Sentiment Signal: Sell
Current Market Cap: HK$130M
For an in-depth examination of 9916 stock, go to TipRanks’ Overview page.