China Resources Gas Group (HK:1193) has released an update.
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China Resources Gas Group has entered into strategic cooperation agreements with CR Ng Fung, CR Beer, and Dong-E-E-Jiao, aimed at purchasing products and auxiliary marketing services from these companies until the end of 2026. These transactions are classified as continuing connected transactions under Hong Kong’s listing rules, requiring reporting and annual review but not independent shareholder approval. This move signifies a collaborative effort for growth and diversification in the group’s business operations.
For further insights into HK:1193 stock, check out TipRanks’ Stock Analysis page.
