Summary by Moomoo AI
Yongsheng Service Group Limited announced that it plans to enter into a framework agreement for sales agency services with CIFI Holdings (Group) Co., Ltd. for the year 2025, effective from January 1, 2025, to December 31, 2027, for a period of three years. According to the agreement, Yongsheng Service will provide sales agency services to CIFI Group for unsold residential properties, shops, and parking spaces of development projects in china.As part of the service provided, Yongsheng Service may need to pay refundable deposits to CIFI Group, up to 100% of the base price. The company proposes that the maximum daily balance limit for deposits for the three fiscal years ending December 31, 2027, be RMB 0.7564 billion, 0.7053 billion, and 0.6318 billion, respectively. The deposits will be paid in installments...Show More