Tsit Wing International Holdings Ltd. announced the entry into an OEM Agreement between its wholly-owned subsidiary, Tsit Wing Coffee Company Limited, and Tai Luen Coffee Company Limited, a subsidiary of DCH Food International Holdings Limited. Under the agreement, effective from 1 March 2024, Tsit Wing Coffee will provide OEM services to Tai Luen. The company anticipates that the transaction amounts under the agreement for the years ending 31 December 2025 and 2026 will exceed the exemption threshold set by the Hong Kong Stock Exchange Listing Rules. As a result, the transactions are subject to reporting, announcement, and annual review requirements, but are exempt from independent shareholders' approval.
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