Lion Rock Group Limited (1127) has announced revisions to the annual caps under its existing framework agreement with Giunti, primarily concerning books and printing transaction fees for the two years ending 31 December 2026. According to the published figures, the Group’s actual books transaction fee for the nine months ended 30 September 2025 reached approximately HK$4.7 million, equivalent to about 85% of the original cap. Concurrently, the printing transaction fee for the same period stood at approximately HK$14.1 million, representing about 42% of its original cap.
As indicated in the announcement, the revised annual cap for the books transaction fee has been increased from HK$5.5 million to HK$9.5 million for the two years ending 31 December 2026, reflecting growing demand driven by increased European language books publishing activity. On the other hand, the annual cap for the printing transaction fee has been revised down from HK$34 million to HK$30 million, with the first half of 2025 expected to see reduced demand owing to uncertainties surrounding the European Union Deforestation Regulation (EUDR). The regulation mandates the use of geo-tracked sustainable pulp, prompting adjustments in paper sourcing and leading to a temporary moderation in printing requirements.
The Group reports that the transaction caps have been realigned to better meet the needs of its publishing operations and maintain stable operations under evolving regulatory conditions. Lion Rock Group Limited confirms that other terms and pricing policies of the framework agreement remain unchanged. The transactions remain subject to annual reviews and confirmations in compliance with relevant listing rules and internal control measures.