CHINA ITS Subsidiary Enters into Fund Investment Advisory Service Agreement

Stock News

05/28

CHINA ITS (01900) announced that on May 28, 2026, its non-wholly owned subsidiaries, Hengying Zhihang and Zhineng Hangkong, entered into fund investment advisory service agreements with CICC Wealth. Under these agreements, each investor has agreed to appoint CICC Wealth as its investment advisor to provide managed investment advisory services. CICC Wealth has accepted the appointments. The total investment amount is RMB 50 million, which will be funded from the existing cash reserves of these investors, and CICC Wealth is authorized to manage the investment amount on behalf of each investor.

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Under these agreements, each investor has agreed to appoint CICC Wealth as its investment advisor to provide managed investment advisory services. CICC Wealth has accepted the appointments. 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