Huitongda Network Co., Ltd.HKEX: 9878

Continuing connected transactions - entering into of the five star purchase and sales framework agreement

· Issued by Huitongda Network Co., Ltd. via HKEXnews

Filed with HKEX · Stock code 9878 · · 9 pages · English

Summary by 6ix AI

This agreement involves the Group providing and purchasing goods, including household appliances and consumer electronics, from Five Star Holdings and its associates. The transactions are classified as continuing connected transactions under the Listing Rules due to the substantial shareholding of Mr. Wang Jianguo in both companies. The Board believes that the terms of the agreement are fair and reasonable, benefiting the Company and its shareholders.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

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