Huabao International Holdings Limited announced that Chemactive, a subsidiary of the company, has entered into a new framework agreement with Broad Far on 30 January 2026. This agreement follows the expiration of the previous framework agreement on 31 December 2025 and is intended to address the ongoing business needs of the Group. Under the terms of the new framework agreement, Chemactive and its subsidiaries will continue to provide tobacco-related raw materials and related services to the Broad Far Group. The company stated that the terms of the agreement are on an arm's length basis or better, and are no less favourable than those offered to independent third parties for similar products and services. Certain directors with a material interest in the transactions abstained from voting on the relevant resolution.

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