Shougang Fushan Resources Group Limited (HK:0639) has released an update.
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Shougang Fushan Resources Group Limited has renewed its commercial relationship with Hongguang Power through the 2025 Master Sale Agreement, effective from January 1, 2025, to December 31, 2027. This agreement ensures the continuation of recurring sale transactions between the two parties, aligning with normal business operations. The transactions are subject to reporting and annual review requirements, but exempt from independent shareholder approval under Hong Kong’s Listing Rules.
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