Grand Baoxin Auto Group (HK:1293) has released an update.
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Grand Baoxin Auto Group has renewed its property leasing agreements with CGA, ensuring a continued partnership from January 2025 to December 2027. These agreements involve leasing properties between the two parties and are classified as continuing connected transactions under Hong Kong’s Listing Rules. Investors should note these transactions are significant but exempt from requiring independent shareholder approval.
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