Asian Citrus (73) Revises Annual Caps and Delays Despatch of Circular

Bulletin Express
2025/11/28

Asian Citrus Holdings Limited (Stock Code: 73) announced a revision of its proposed annual caps for purchases under the New Framework Agreement. The revised caps will apply from the agreement’s effective date through 30 June 2028. The proposed caps, originally set at RMB45.0 million, RMB56.0 million, and RMB64.0 million for the respective periods, have been lowered to RMB28.0 million (for the effective date to 30 June 2026), RMB36.0 million (for the year ending 30 June 2027), and RMB40.0 million (for the year ending 30 June 2028).

According to the announcement, these changes reflect historical transaction amounts, anticipated demand, and potential expansions within Guangdong Province for the company’s air conditioner distribution business. The transactions constitute non-exempt continuing connected transactions subject to reporting, announcement, and independent shareholders’ approval under the Listing Rules.

The company also stated that the despatch of the relevant circular—originally planned on or before 28 November 2025—has been further postponed to on or before 4 December 2025, to allow additional time to finalize the updated figures and related information.

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