Capital Industrial Financial Services Group Limited (Stock Code: 730) has issued a circular regarding two continuing connected transactions with its controlling shareholder, Shougang Group Co., Ltd. (Shougang). The first arrangement is an EMC Master Procurement Agreement, under which Capital Industrial Financial Services Group Limited (hereafter referred to as Capital Industrial) is expected to supply EMC-related equipment and materials to Shougang. The second arrangement is a Steel Master Procurement Agreement, under which Shougang will supply steel products to Capital Industrial.

According to the circular, both agreements run for three years from their respective effective dates, subject to the approval of independent shareholders at a special general meeting (SGM) to be held on 13 November 2025. Each agreement sets annual caps for the maximum transaction amounts during their valid terms. Capital Industrial reports that the primary aim of these agreements is to leverage existing resource networks and industry expertise, expand business scope, and enhance the company’s revenue prospects. The pricing and terms for each transaction will be monitored through internal control procedures to ensure they remain no less favorable than those offered under comparable third-party agreements.

Details of these continuing connected transactions, including their proposed annual caps and specific operational terms, are set out in the issued circular. Shareholders are encouraged to review the full text before deciding on the relevant resolutions at the forthcoming SGM.