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Yuexiu Services Group Ltd. ( (HK:6626) ) has shared an announcement.
Yuexiu Services Group Ltd. has entered into a new 2026 GZ Metro Property Management and Value-Added Services Framework Agreement with Guangzhou Metro, allowing the group to continue providing property management and related value-added services to designated GZ Metro entities from 1 January 2026 to 31 December 2028. As GZ Metro holds about 33% of GZMEE, an indirect subsidiary of Yuexiu Services, the arrangement is classified as a continuing connected transaction under Hong Kong listing rules; however, with board approval and confirmation from all independent non-executive directors that the terms are fair, reasonable and on normal commercial terms or better, the deal is subject only to reporting, annual review and announcement requirements and is exempt from independent shareholders’ approval. The agreement excludes certain GZ Metro-related joint ventures and associates of Yuexiu Property, which are covered by a separate framework agreement, underscoring Yuexiu Services’ strategy of maintaining structured, long-term service relationships with key partners while complying with connected transaction regulations.
The most recent analyst rating on (HK:6626) stock is a Buy with a HK$3.00 price target. To see the full list of analyst forecasts on Yuexiu Services Group Ltd. stock, see the HK:6626 Stock Forecast page.
More about Yuexiu Services Group Ltd.
Yuexiu Services Group Ltd. is a Hong Kong–incorporated property management and value-added services provider, focusing on managing residential, commercial and infrastructure-related properties, including projects linked to major transport operators such as Guangzhou Metro. The company operates within the broader urban services and property management industry, leveraging long-term framework agreements with strategic partners to secure recurring service revenue.
Average Trading Volume: 937,968
Technical Sentiment Signal: Sell
Current Market Cap: HK$3.67B
For an in-depth examination of 6626 stock, go to TipRanks’ Overview page.