Chuang’s China Investments Limited (HKSE: 298) reported an update on 12 February 2026 regarding continuing connected transactions involving its indirect non-wholly-owned subsidiary, Xiamen JV, and Mingjia Lujiang Hotel. Xiamen JV and Mingjia Lujiang Hotel entered into a Third Amendment Agreement that adjusts certain lease arrangements under existing Lujiang Agreements.

According to the announcement, the monthly rental for properties leased to Mingjia Lujiang Hotel will decrease from approximately RMB1.37 million to about RMB1.17 million for one year, reflecting a reduction of around 4.80% in total receivables. The revised forecast indicates that total rental receivables over the remaining lease term will change from around RMB48.10 million to about RMB45.80 million. This adjustment aims to support Mingjia Lujiang Hotel’s operations under difficult conditions caused by extended road closures near the leased properties, which began in the last quarter of 2022 and may continue until 2027.

All other principal terms of the Lujiang Agreements remain unchanged aside from the one-year rental reduction. The annual cap amounts for each financial year up to 31 March 2032 remain in place as previously announced. These cap figures cover the maximum rental receivable from the Existing Tenancy Agreement, the New Tenancy Agreement, and the Four Villas Agreement. The Board and independent non-executive Directors confirm that the Third Amendment Agreement is on normal commercial terms, fair and reasonable, and serves the interests of Chuang’s China Investments Limited and its shareholders as a whole.

Since Mingjia Lujiang Hotel is owned by the JV Partner, a substantial shareholder of Xiamen JV, and therefore a connected person at the subsidiary level, this amendment constitutes a continuing connected transaction under Chapter 14A of the Listing Rules. However, given the Directors’ unanimous approval and the independent non-executive Directors’ view of the amendments as fair and in the company’s best interests, the relevant requirements are limited to reporting and announcement obligations under Rule 14A.101 of the Listing Rules, without the need for a circular, independent financial advice, or shareholders’ approval.