Lianhua Supermarket Holdings Co (HK:0980) has released an update.
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Lianhua Supermarket Holdings Co. has announced the renewal of key agreements with Bailian Group and its subsidiary Bailian Finance, set to take effect from January 2025 through December 2027. These renewals cover services including membership points settlement, smart card payment arrangements, and logistics and delivery services. These agreements are significant due to Bailian Group’s status as a substantial shareholder and a connected person to the company.
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