The company announces that it has signed an agreement with CATHAY PAC AIR Limited (referred to as "CATHAY PAC AIR")...
According to the Zhito Finance APP, CATHAY PAC AIR (001391.SZ) announced that the company signed a General Service Framework Agreement with CATHAY PAC AIR LIMITED (referred to as "CATHAY PAC AIR") regarding the arrangements for cargo space sales agency and services, ground agency services, Software services, cargo joint operation arrangements and services, Rental & Leasing Services, and other service arrangements. The initial term of the Framework Agreement is from January 1, 2024, to December 31, 2026, and after this initial term or subsequent renewal periods expire, the Framework Agreement will automatically continue to renew multiple times, each for three years.
Based on the Framework Agreement signed between the company and CATHAY PAC AIR and considering historical transaction amounts and future Business Operation planning, the estimated upper limits for related transactions in 2024, 2025, and 2026 are expected to be 0.2815 billion yuan, 0.3075 billion yuan, and 0.3365 billion yuan, respectively.
