China Railway Group (HK:0390) has released an update.
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China Railway Group has renewed its financial services framework agreement with its controlling shareholder, CREC, for the years 2025-2027. The agreement involves deposit services, comprehensive credit services, and miscellaneous financial services, with certain exemptions from reporting and shareholder approval requirements under Hong Kong’s Listing Rules. This renewal signifies continued collaboration between China Railway Finance and CREC, impacting investors interested in corporate financial strategies.
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