China Conch Venture Holdings Limited has announced a revision of the fiscal year 2025 original annual cap for their Conch New Material Framework Technical and Other Services Agreement. The company, primarily engaged in waste-to-energy projects and the manufacturing and sales of new energy and building materials, has made this adjustment in line with the January 2025 Announcement. The transactions under this framework, which fall between 0.1% and 5% of the applicable caps, are subject to reporting and annual review requirements but are exempt from independent shareholder approval.
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