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Zhongmiao Holdings (Qingdao) Co., Ltd. Class H ( (HK:1471) ) has provided an announcement.
Zhongmiao Holdings (Qingdao) Co., Ltd. has issued a supplemental announcement detailing the pricing policies underpinning its revised 2025 and 2026 annual caps for continuing connected transactions with Haier Group and its associates under a comprehensive services framework. The company sets fees for office and logistics, administrative, consulting, referral and business support services through arm’s length negotiations, benchmarked against prevailing market rates and historical fees, and often supported by at least two third-party quotations or internal bidding processes to ensure fairness. For administrative and travel-related services, Zhongmiao will tap Haier Group’s unified systems to secure preferential rates, while referral service fees are structured to maintain a gross profit margin of roughly 30% to 70% for its insurance agency business, subject to internal controls, board oversight and auditor verification. The detailed methodology is aimed at demonstrating that these related-party transactions are conducted on normal commercial terms, are competitively priced, and are designed to protect the interests of the company and its shareholders by enhancing efficiency, transparency and compliance in its connected dealings with Haier Group.
The most recent analyst rating on (HK:1471) stock is a Buy with a HK$20.50 price target. To see the full list of analyst forecasts on Zhongmiao Holdings (Qingdao) Co., Ltd. Class H stock, see the HK:1471 Stock Forecast page.
More about Zhongmiao Holdings (Qingdao) Co., Ltd. Class H
Zhongmiao Holdings (Qingdao) Co., Ltd. Class H is a PRC-incorporated joint stock company listed in Hong Kong that operates within the broader financial and insurance services ecosystem, including an insurance agency business. The group makes use of office, logistics, administrative, consulting, referral and business support services, and leverages relationships with Haier Group and its associates to access large-scale, cost-efficient service platforms that support its operations and client acquisition efforts.
Average Trading Volume: 38,974
Technical Sentiment Signal: Buy
Current Market Cap: HK$2.61B
For an in-depth examination of 1471 stock, go to TipRanks’ Overview page.