AsiaInfo Technologies Limited (1675) released a circular disclosing a proposed renewal of continuing connected transactions under its Software Products and Services Framework Agreement with China Mobile Communication Co., Ltd. The agreement covers software deployment, ongoing operation and maintenance, digital intelligence-driven operations, and related services. It will be effective from 1 January 2026 to 31 December 2028, subject to the approval of independent shareholders.
The document states that the proposed annual transaction caps are RMB4,800 million, RMB5,000 million, and RMB5,200 million for 2026, 2027, and 2028 respectively. The announcement highlights that a special shareholder meeting is scheduled on 5 December 2025 to consider these proposals. The company emphasizes the collaboration’s alignment with ongoing technological developments, including AI innovation and 5G/6G deployment, underscoring the continued importance of software product and service capabilities to China Mobile’s digital transformation initiatives.