CITIC Resources Holdings Limited Secures New Cloud Budgeting Technology Services Agreement with CITIC Digital Technology
CITIC Resources Holdings Limited has announced the signing of a new IT Services Framework Agreement with CITIC Digital Technology. The agreement, dated June 25, 2025, outlines the provision of various information technology services to CITIC Resources Holdings' group of companies. The contract spans from June 25, 2025, to December 31, 2027. This agreement follows the existing IT services agreements and collectively, the transactions under the new framework agreement exceed 0.1% but remain below 5% of the applicable percentage ratio, as per the listing rules. Consequently, the transactions are subject to reporting, announcement, and annual review requirements but are exempt from independent shareholders' approval.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CITIC Resources Holdings Limited published the original content used to generate this news brief on June 25, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.