Summary by Moomoo AI
China res beer announced on November 18, 2024, that it has entered into a new IT service supply framework agreement with its affiliate China Resources Shuke Holdings, effective from January 1, 2025, to December 31, 2027. This agreement is a renewal of the IT service supply framework agreement established on June 24, 2022, aimed at meeting the group's expected demand for IT services. China Resources Shuke Holdings will provide services including maintenance, software purchases, and technical support. This trade is considered a continuing related trade, but under listing rules, it only needs to comply with disclosure, announcement, and annual review requirements, without the need for independent shareholder approval. The agreement includes an annual cap and will ensure the fairness of the trade through internal control and corporate governance procedures. China res beer stated that this move will help advance the group's digitalization process, improve business efficiency, and support long-term development.
