Greentown China Subsidiary Signs Project Management Agreement with Hangzhou Zhongyi Jiangchen Real Estate

Reuters
10/20
<a href="https://laohu8.com/S/GTWCF">Greentown China</a> Subsidiary Signs Project Management Agreement with Hangzhou Zhongyi Jiangchen Real Estate

Greentown China Holdings Limited announced that on 20 October 2025, its non-wholly owned subsidiary, Greentown Real Estate Construction Management, entered into an agreement with Hangzhou Zhongyi Jiangchen Real Estate and other parties. Under the agreement, Greentown Real Estate Construction Management will provide project management services for a specified project. The transaction constitutes a connected transaction under Chapter 14A of the Listing Rules, as certain parties involved are considered connected persons of the company. The transaction is subject to reporting and announcement requirements, but is exempt from circular and independent shareholders' approval requirements. Directors with a material interest in the transaction abstained from voting on the relevant board resolutions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Greentown China Holdings Limited published the original content used to generate this news brief on October 20, 2025, and is solely responsible for the information contained therein.

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