Runhua Living Service Group Holdings (HKG:2455) agreed to continue to provide property management services to Runhua Group Stock-Holding, Hang Qian Holdings, and Shandong Runhua Insurance Agency for another three years ending Dec. 31, 2027, a Tuesday Hong Kong bourse filing said.
The services to be provided under the renewed agreements include cleaning, disinfection, security, general repair and maintenance, and customer services.
The existing agreements expire on Jan. 1, 2025, and the new agreement will become effective from Jan. 1, 2025.
The annual caps for the receivable services fees by the company are proposed as 39.3 million yuan for 2025, 43.3 million yuan for 2026, and 47.6 million yuan for 2027.
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