Yue Yuen Industrial (Holdings) Limited (00551) announced the revision of annual caps under its continuing connected transactions with controlling shareholder Pou Chen Corporation (PCC). PCC indirectly holds approximately 51.36% of the voting rights in Yue Yuen.

According to announcements in October and November 2023, Yue Yuen and PCC previously established annual caps for the years ending December 31, 2025 and 2026. However, the company projects that existing limits will not accommodate growing orders from PCC. A supplemental agreement signed on November 12, 2025, revises the caps from US$5.364 million to US$6.166 million for 2025, and from US$5.623 million to US$7.149 million for 2026.

Historical data show that for the year ended December 31, 2024, transactions under the relevant agreement amounted to US$4.302 million, and for the nine months ended September 30, 2025, the figure was US$4.484 million. The maximum applicable percentage ratio for the revised annual caps exceeds 0.1% but remains below 5%, subjecting the transactions to reporting and announcement requirements without needing independent shareholders’ approval. The company states that all other terms of the existing agreement remain unchanged.